6-K - CAAP - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20546

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUERPURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGEACT OF 1934

For the month of August, 2023

Commission File Number: 333-221916

Corporación América Airports S.A.

(Name of Registrant)

4, rue de la GrêveL-1643, LuxembourgTel: +35226258274Fax: +35226259776

(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

INFORMATION CONTAINED IN THIS FORM 6-KREPORT

Our subsidiary in Argentina, Aeropuertos Argentina 2000 S.A. (“AA2000”), files quarterly financial statements in Spanish (both on a consolidated and individual basis) before the Argentine Securities and Exchange Commission (Comisión Nacional de Valores) (“CNV”). AA2000 also files other periodic reports and notices with the CNV due to the fact that certain of its debt securities are subject to the public offering regime in Argentina. All such reports and notices are available at the website of the CNV (http://www.cnv.gob.ar). In addition, AA2000 files quarterly consolidated and individual financial statements in English before the Luxembourg Stock Exchange, in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board, on which said debt securities are listed and to the trustee under the indenture governing these debt securities. We are furnishing the information under cover of this Form 6-K to make this information available to the holders of our common shares.

This Form 6-K contains a free translation into English of the stand-alone condensed consolidated financial statements for the six month period ended June 30, 2023 of AA2000 (the “AA2000 Consolidated Financial Statements”) as well as the stand-alone condensed individual financial statements for the six month period ended June 30, 2023 (the “AA2000 Individual Financial Statements” and jointly with the AA2000 Consolidated Financial Statements, the “AA2000 Financial Statements”) that have been made publicly available in Argentina in Spanish. The AA2000 Financial Statements, have been prepared in accordance with the accounting framework established by the CNV, which is based on the application of the IFRS. These AA2000 Financial Statements are presented in Argentine pesos and were audited in accordance with International Standards on Auditing as approved by the International Auditing and Assurance Standards Board (IAASB).

There are certain differences between the AA2000 Consolidated Financial Statements and the consolidating information for the Argentine segment included in the consolidated financial statements of Corporación América Airports S.A. (“CAAP”), such as AA2000’s own transition date to IFRS and its reporting currency, among others.

As a result, the AA2000 Financial Statements contained in this Form 6-K are for informational purposes only and not comparable to the financial information included in the Argentine segment in the consolidated financial statements of CAAP included in our annual report on Form 20-F and that consolidate the results of operations and financial condition of all our subsidiaries. Furthermore, neither the AA2000 Consolidated Financial Statements nor the AA2000 Individual Financial Statements should be construed as any indication of how our Argentina segment information will be presented in the consolidated financial statements of CAAP.

Exhibits

Exhibit No.	Description
99.1	Free translation into English of AA2000 Condensed Consolidated Financial Statements for the six month period ended June 30, 2023.
99.2	Free translation into English of AA2000 Condensed Individual Financial Statements for the six month period ended June 30, 2023.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Corporación<br> America Airports S.A.
By:	/s/ Andres Zenarruza
Name:<br> Andres Zenarruza
Title:<br> Head of Legal & Compliance
By:	/s/ Jorge Arruda
Name:<br> Jorge Arruda
Title:<br> Chief Financial Officer

Date: August 11, 2023

Exhibit 99.1

Condensed Consolidated Interim Financial Statements

At June 30, 2023 presented in comparative format

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format

Index

Glossary	2
Condensed Consolidated Interim Financial Statements	3
Consolidated Statements of Comprehensive Income	4
Consolidated Statements of Financial Position	5
Consolidated Statements of Changes in Equity	6
Consolidated Statements of Cash Flows	7
Notes to the Condensed Consolidated Interim Financial Statements	8
Summary of Information requested by Resolution N° 368/01 of the National Securities Commission	31
Review Report of the Condensed Consolidated Interim Financial Statements
Report of the Supervisory Committee

Glossary

Term	Definition
$	Argentine peso
U$S	US dollar
EUR	Euro
AA2000<br><br>The company	Aeropuertos Argentina 2000 S.A.
AFIP	Acronym in Spanish for Federal Administration of Public Revenues
BCRA	Acronym in Spanish for Central Bank of Argentine Republic
BNA	Acronym in Spanish for Bank of Argentine Nation
OG	Official Gazette
CAAP	Corporación América Airports S.A.
IFRIC	Committee on Interpretations of International Financial Reporting Standards
CNV	Acronym in Spanish for National Securities Commission
CPCECABA	Acronym in Spanish for Professional Council of Economic Sciences of the Autonomous City of Buenos Aires
FACPCE	Acronym in Spanish for Argentine Federation of Professional Councils of Economic Sciences
IASB	International Accounting Standards Board
IATA	International Air Transport Association
PAIS Tax	Acronym in Spanish for Tax for an Inclusive and Solidary Argentina
INDEC	Acronym in Spanish for National Institute of Statistics and Censuses
CPI	Consumer Price Index (General Level)
MULC	Acronym in Spanish for Single and Free Exchange Market
IAS	International Accounting Standards
IFRS	International Financial Reporting Standards
NO	Negotiable Obligations
ORSNA	Acronym in Spanish for Regulatory Body of the National Airport System
PEN	Acronym in Spanish for National Executive Power
PP&E	Property , Plant & Equipment
RECPAM	Acronym in Spanish for Result from exposure to changes in the purchasing power of the currency
SNA	Acronym in Spanish for National Airport System
N.A.R	Nominal annual interest rate
OT	Ordered Text

Registration number with the Superintendency of Corporations: 1645890

Honduras 5663 - Ciudad Autónoma de BuenosAires

Principal activity of the Company: Exploitation, administration and operation of airports.

Condensed Consolidated Interim Financial Statements

For the six-month period of the

Fiscal Year N° 26 commenced January 1, 2023

Date of registration with the Public Registry of Commerce:

Of the By-laws: February 18, 1998

Of the last modification of the By-laws: January 03, 2023

Expiration date of the company: February 17, 2053

Controlling Company:

Corporate Name: Corporación América S.A.

Legal Address: Honduras 5673 – Autonomous City of Buenos Aires

Principal activity: Investments and financing

Participation of the Parent Company in common stock and total votes:

45.90%

Composition of capital (Note 14):

Issued Common Shares of N/V 1 and 1 vote each:
	Paid-in

79,105,489 Class "A" Shares		79,105,489
79,105,489 Class "B" Shares		79,105,489
61,526,492 Class "C" Shares		61,526,492
38,779,829 Class "D" Shares		38,779,829
		258,517,299

All values are in US Dollars.

Consolidated Statement of Comprehensive Income

Corresponding to the periods of three and six months ended on June 30, 2023 and 2022

	Three months at					Six months at
	06.30.2023		06.30.2022			06.30.2023			06.30.2022
	Millions of
Continuous Operations
Sales income				42,589			100,229			81,063
Construction income				6,734			18,992			9,935
Cost of service		)		(27,392	)		(58,034	)		(51,654	)
Construction costs		)		(6,720	)		(18,972	)		(9,910	)
Income for gross profit for the period				15,211			42,215			29,434
Distribution and selling expenses		)		(233	)		(5,916	)		(2,444	)
Administrative expenses		)		(1,902	)		(4,150	)		(3,219	)
Other income and expenses, net				1,004			2,240			1,857
Operating profit for the period				14,080			34,389			25,628
Finance Income				4,484			1,698			5,092
Finance Costs				2,434			3,197			4,204
Result from exposure to changes in the purchasing power of the currency		)		1,025			(3,724	)		4,511
Result of investments accounted for by the equity method				(5	)		(1	)		(5	)
Income before income tax				22,018			35,559			39,430
Income tax				5,340			(7,314	)		4,477
Income for the period for continuous operations				27,358			28,245			43,907
Net Income for the period				27,358			28,245			43,907
Other comprehensive income				-			-			-
Comprehensive Income for the period				27,358			28,245			43,907
Income attributable to:
Shareholders				27,358			28,273			43,907
Non –Controlling Interest		)		-			(28	)		-
Income per share basic and diluted attributable to shareholders<br> of the Company during the period (shown in per share) from continuous operations				105.8266			109.2589			169.8416

All values are in US Dollars.

The accompanying notes are an integral part of these Condensed Consolidated Interim Financial Statements and should be read together with the Consolidated Accounting Statements audited for the year ended at December 31, 2022.

Consolidated Statements of Financial Position

At June 30, 2023 and December 31, 2022

		06.30.2023
	Note	Millions of
Assets
Non- Current Assets
Investments accounted for by the equity method				2
Property, plant and equipment				270
Intangible Assets	7			415,223
Rights of use				770
Other receivables	9.1			14,810
Total Non-Current Assets				431,075
Current Assets
Other receivables	9.1			3,419
Trade receivables, net	9.2			14,409
Other assets				152
Investments	9.3			1
Cash and cash equivalents	9.4			39,077
Total Current Assets				57,058
Total Assets				488,133
Shareholders’ Equity and Liabilities
Equity attributable to Shareholders
Common shares				259
Share Premium				137
Capital adjustment				30,719
Legal, Facultative Reserves and others				153,606
Retained earnings				28,137
Subtotal				212,858
Non-Controlling Interest			)	(49	)
Total Shareholders’ Equity				212,809
Liabilities
Non-Current Liabilities
Provisions and other charges	11			3,469
Financial debts	8			175,894
Deferred income tax liabilities				35,524
Lease liabilities				-
Accounts payable and others	9.5			360
Total Non- Current Liabilities				215,247
Current Liabilities
Provisions and other charges	11			9,333
Financial debts	8			18,454
Income tax, net of prepayments				10
Lease liabilities				594
Accounts payable and others	9.5			24,243
Fee payable to the Argentine National Government	10.1			7,443
Total Current Liabilities				60,077
Total Liabilities				275,324
Total Shareholder’s Equity and Liabilities				488,133

All values are in US Dollars.

Consolidated Statements of Changes in Equity

At June 30, 2023 and 2022

	Attributable to majority shareholders																						Non-			Total
	Common<br> Shares	Preferred<br><br> Shares			Share<br><br> Premium		Adjustment<br><br> of capital			Legal<br> <br>Reserve		Facultative<br><br> Reserve			Other<br> <br>Reserves		Retained<br><br> Earnings			Total			Controlling<br> Interest			Shareholders’<br> <br>Equity
	In Millions of
Balance at 01.01.23			-			137		30,719			5,243		147,591			772		28,137			212,858			(49	)		212,809
Resolution of the Meeting of April 26, 2023 - Constitution<br> of reserves (Note 16)			-			-		-			938		27,199			-		(28,137	)		-			-			-
Compensation plan			-			-		-			-		-			69		-			69			-			69
Net Income for the period			-			-		-			-		-			-		28,273			28,273			(28	)		28,245
Balance at 06.30.2023			-			137		30,719			6,181		174,790			841		28,273			241,200			(77	)		241,123
Balance at 01.01.22			911			137		76,972			5,238		149,515			741		(33,845	)		199,928			4			199,932
Resolutions of the Shareholder’s meeting of March 10,2022<br> – Redemption of Preferred Shares (Note 15)			(911	)		-		(46,281	)		-		(2,057	)		-		-			(49,249	)		-			(49,249	)
Compensation plan			-			-		-			-		-			8		-			8			-			8
Net Income for the period			-			-		-			-		-			-		43,907			43,907			-			43,907
Balance at 06.30.2022			-			137		30,691			5,238		147,458			749		10,062			194,594			4			194,598

All values are in US Dollars.

Consolidated Statements of Cash Flow

For the six-month periods ended at June 30, 2023 and 2022

			06.30.2023
	Note		Millions<br> of
Cash Flows from operating activities
Net income for the period					43,907
Adjustment for:
Income tax					(4,477	)
Amortization of intangible assets		5/7			11,600
Depreciation of property , plant and equipment		5			13
Depreciation right of use		5			462
Bad debts provision		5.2			(2,281	)
Specific allocation of accrued and unpaid income					2,203
Result from investments accounted for using the equity method					5
Compensation plan					8
Accrued and unpaid financial debts interest costs		8			8,655
Accrued deferred revenues and additional consideration		11		)	(1,348	)
Accrued and unpaid Exchange differences				)	(11,428	)
Litigations provision		11			124
Inflation Adjustment				)	(17,378	)
Changes in operating assets and liabilities:
Changes in trade receivables				)	(9,515	)
Changes in other receivables				)	(1,352	)
Changes in other assets					-
Changes in accounts payable and others					292
Changes in provisions and other charges				)	183
Changes in specific allocation of income to be paid to the<br> Argentine National State				)	(2,474	)
Increase of intangible assets		7		)	(9,935	)
Income tax payment				)	(19	)
Net cash Flow generated by operating<br> activities					7,245
Cash Flow for investing activities
Acquisition of investments				)	(27,199	)
Collection of investments					15,485
Fixed assets acquisitions				)	-
Net Cash Flow applied to investing<br> activities				)	(11,714	)
Cash Flow from financing activities
New Financial debts		8			60,779
Payment of leases				)	(401	)
Financial debts paid- principal		8		)	(25,667	)
Financial debts paid- interests		8		)	(9,268	)
Payment of debt to the national State		11			(26,782	)
Net Cash Flow applied to financing<br> activities				)	(1,339	)
Net decrease in cash and cash<br> equivalents				)	(5,808	)
Changes in cash and cash equivalents
Cash and cash equivalents at the beginning of the period					48,391
Net decrease in cash and cash equivalents				)	(5,808	)
Inflation adjustment generated by cash and cash equivalents					5,189
Foreign Exchange differences by cash<br> and cash equivalents				)	(4,322	)
Cash and cash equivalents at the<br> end of the period					43,450
Transactions that do not involve movement of cash and<br> cash equivalents:
Redemption of preferred shares					21,063
Acquisition of PP&E through financial lease liabilities					-

All values are in US Dollars.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 1 – COMPANY ACTIVITIES

Aeropuertos Argentina 2000 S.A. (“AA2000” or the “Company”) was incorporated in the Autonomous City of Buenos Aires in 1998, after the consortium of companies won the national and international bid for the concession rights for the use, management and operation of the “A” Group of the Argentine SNA. “A” Group includes 33 airports that operate in Argentina (the “Concession”).

Currently, with the incorporation into Group A of the NSA of the airports of El Palomar (by Decree No. 1107/17) and Rio Hondo (by Resolution ORSNA No. 27/21 Decree), the Company has the concession rights for the operation, administration and operation of 35 airports.

The Concession was granted through the Concession Agreement entered into between the Argentine National State and the Company, dated February 9, 1998. The Concession Agreement was modified and supplemented by the Agreement of Adequacy of the Concession Contract signed between the Argentine National State and the Company, dated April 3, 2007 approved by Decree No. 1799/07 (hereinafter the Memorandum of Agreement) and by Decree No. 1009/20 dated December 16, 2020, which approves the 10-year extension of the initial completion period of the Concession (which operated on February 13, 2028) maintaining exclusivity under the terms established in the Technical Conditions for the Extension (hereinafter the Technical Conditions for the Extension).

Hereinafter, the Concession Agreement will be referred to, as modified and supplemented by the memorandum of Agreement and by the Technical Conditions for the Extension, as the Concession Agreement.

By virtue of the provisions of the Technical Conditions for the Extension, the concession completion period is February 13, 2038 and the exclusivity provided in clauses 3.11 and 4.1 of the Concession Agreement will be maintained with the following exceptions: (i) The zones of influence in the interior of the country are canceled, but not in the area of the Metropolitan Region of Buenos Aires (RMBA) made up of the Ezeiza, Aeroparque, San Fernando and Palomar airports (ii) the exclusivity in the areas of influence will be maintained throughout the national territory for the activity of fiscal warehouses (iii) the exclusivity and from the area of influence for the realization of new airport infrastructure projects in the Rio de la Plata promoted by the National Public Sector, when due to its characteristics it cannot be financed and operated by the Company.

In September 2021, based on the detrimental effects that the COVID-19 pandemic had on air traffic, the ORSNA approved the postponement to December 2022 of the following commitments:

(i)	programming of funds for works and rescue<br> of preferred shares $ 406.5 million and
(ii)	regularization<br> of the specific allocation of income owed for 2020.
---	---

To date, the Company has complied with these commitments. Likewise, the ORSNA deferred to June 2023 the necessary adjustment to balance the financial projection of income and expenses.

On July 28, 2023, ORSNA notified the issuance of Resolution RESFC-2023-56-APN-ORSNA#MTR by which it decided to approve the conditions and conclusions established in the Report prepared by the ECONOMIC AND FINANCIAL REGULATION MANAGEMENT referred to the Review of the Financial Projection of Income and Expenses (PFIE) of the Concession of Group "A" of the SNA corresponding to the period 2019-2023, which provides that its conclusion will be carried out at the time of verifying the recovery of international passenger traffic to values similar to 2019.

The Company is analyzing the administrative file in order to establish the course of action to follow.

In addition, under the terms of the Concession Agreement, the Argentine National Government has the right to buyout our Concession as of February 13, 2018, and if such right is exercised, it is required to pay the Company a compensation.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 1 – COMPANY ACTIVITIES (Contd.)

This note to these Condensed Consolidated Interim Financial Statements does not reflect all the information required in the annual financial statements because it does not have significant changes. It must be read together with the audited Consolidated Financial Statements as of December 31, 2022.

NOTE 2 - BASIS FOR CONSOLIDATION

The Condensed Consolidated Interim Financial Statements include the assets, liabilities and results of the following subsidiaries (hereafter the Group):

Subsidiaries ^(1)^				Net<br> Shareholders<br> ‘equity at<br> closing
				Millions<br> of
Servicios<br> y Tecnología Aeroportuarios S.A ^(2)^	14,398,848	99.30	%			2		555
Cargo &<br> Logistics SA. ^(3)^	1,614,687	98.63	%			(1	)	2
Paoletti<br> América S.A. ^(3)^	6,000	50.00	%			-		-
Texelrío<br> S.A. ^(4)^	120,000	70.00	%		)	(66	)	21
Villalonga<br> Furlong S.A ^(3) (5)^	56,852	1.46	%			-		-

All values are in US Dollars.

(1)	Companies<br> based in Argentina.
(2)	Includes<br> adjustments under IFRS for the preparation and presentation of the corresponding financial<br> statements.
---	---
(3)	Not<br> consolidated due to little significance.
---	---
(4)	Shareholders<br> Equity includes 4,000,000 of preferred shares of AR$1 par value.
---	---
(5)	The<br> Company directly and indirectly owns 98.42% of the capital stock and votes of this entity.
---	---

The accounting policies of the subsidiaries have been modified, where necessary, to ensure consistent application with the Group accounting policies.

AA2000 holds 99.3% of the shares of Servicios y Tecnología Aeroportuarios S.A. (Sertear), which purpose is to manage and develop activities related to duty-free zones, import and export goods and servicies, exploit and manage airport-related services, provide transportation services (both passenger and cargo), and warehouse usage services (fiscal and non-fiscal).

Cargo & Logistics S.A., owner of 98.42% of the shares of Villalonga Furlong S.A., which in turn is holder of Class “B” shares of Empresa de Cargas Aéreas del Atlántico Sud S.A., under liquidation, representing 45% of its capital stock. The remaining 55% of the capital stock, (the Class “A” shares) are owned by the Argentine National Government - Ministry of Defense. Empresa de Cargas Aéreas del Atlántico Sud S.A. (which, as of the date of these consolidated financial statements, is under liquid proceedings as a result of the application of the provisions of Section 94 subsection 2 of Commercial Law 19550).

The Company holds 50% of the capital stock and votes of Paoletti América S.A. Pursuant to shareholder agreements, AA2000 is in charge of the administration of Paoletti America S.A, and also appoints the Chairman of the Board of Directors, who, in accordance with the corporate by-laws, has a double vote in case of a tie voting.

In addition, the Company owns 70% of the capital and votes of Texelrio S.A. whose corporate purpose is, among others, to develop, operate and manage all kinds of services related to maintenance of parks and airports.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 3 – ACCOUNTING POLICIES

These Condensed Consolidated Interim Financial Statements of the Company are presented in millions of Argentine pesos, except data on shares or when otherwise indicated. All amounts are rounded to millions of Argentine pesos unless otherwise indicated. As such, non-significant rounding differences may occur. A dash (“-”) indicates that no data was reported for a specific line item in the relevant fiscal year or financial period, or when the relevant data figure, after rounding, amounts to zero. They were approved for issuance by the Company's Board of Directors on August 9, 2023.

The CNV through Technical Resolutions N° 562/09 and 576/10 has established the application of Technical Resolutions N° 29 and 43 of the FACPCE which adopts the application of IFRS issued by the IASB, for those entities under the public offering regime Law N° 17,811, whether due to capital stock or corporate bonds or because they have requested authorization to list for trading on stock exchanges.

Application of those standards is mandatory for the Company as from the fiscal year beginning on January 1 2012. Therefore, the transition date, as established in the IFRS 1 “First Time Adoption of the IFRS” was January 1, 2011.

These Consolidated Condensed Interim Financial Statements of AA2000 for the six-month period ended June 30, 2023 are presented based on the application of the guidelines established in IASB No. 34 “Intermediate Financial Information”. Therefore, they must be read together with the Company's Annual Consolidated Financial Statements as of December 31, 2022 (the “Annual Consolidated Financial Statements”) prepared in accordance with IFRS, as issued by the IASB and IFRIC Interpretations. (IFRIC for its acronym in English).

1) Comparative Information

The information included in these financial statements was extracted from the Condensed Consolidated Interim Financial Statements of AA2000 as of June 30, 2023 and the Consolidated Financial Statements at December 31, 2022, timely approved by the Company’s Board and Shareholders and restated at the closing currency at June 30, 2023, based on the application of IASB 29 (see Note 3.7). The Statement of Cash Flows for the period ended June 30, 2022 included cash payments for the redemption of preferred shares (see note 15), which were classified as operating activities instead of financing activities. Therefore, the comparative Statement of Cash Flows for the six-month period ended June 30, 2022 was modified to reflect this change, increasing operating activities and decreasing financing activities for $26,782 within the line of debt payment to the Argentine National Government. Based on the material analysis of quantitative and qualitative factors, it was concluded that this situation does not have a significant effect, individually or jointly, on the financial statements of the prior period.

2) Controlled

The Company controls an entity when the group is exposed to, or has the rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. The subsidiaries are consolidated as from the date control is transferred to the Company. They are deconsolidated from the date that control ceases. (See Note 2).

Inter-company transactions, balances and unrealized gains or transactions between Group companies are eliminated. Unrealized losses are also eliminated. When necessary, amounts reported by subsidiaries have been adjusted to conform to the Group’s accounting policies.

3) Segment Information

The Company is managed as a single unit, considering all airports as a whole. It does not evaluate the performance of the airports on a standalone basis. Therefore, for the purposes of segment information, there is only one business segment.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 3 – ACCOUNTING POLICIES (Contd.)

3) Segment Information (Contd.)

The Argentine National Government granted the Company the concession of the “A” Group airports of the SNA under the basis of “cross-subsidies”: i.e., the income and funds generated by some of the airports should subsidize the liabilities and investments of the remaining airports, in order for all airports to be compliant with international standards as explained below.

All airports must comply with measures of operative efficiency that are independent from the revenues and funds they generate. All works performed must follow international standards established by the respective agencies (IATA, OACI, etc.).

Revenues of AA2000 comprise non-aeronautical revenues and aeronautical revenues; the latter being the tariffs determined by the ORSNA and regulated on the basis of the review of the Financial Projection of Income and Expenses in order to verify and preserve the "equilibrium" of the variables on which it was originally based.

The investment decisions are assessed and made with the ORSNA based on the master plans of the airports considering the needs of each airport based on expected passenger flow and air traffic, in the framework of the standards previously mentioned.

4) Accounting policies

The collection policies adopted for these interim financial statements are consistent with those used in the Consolidated Financial Statements as of December 31, 2022.

5) Changes in accounting policies and disclosures

There were no changes in the Group's accounting policies based on the effective application standards issued by the IASB as of January 1, 2023.

6) Estimates

The preparation of financial statements in accordance with IFRS requires the use of estimates. It also requires management to exercise its judgment in the process of applying the Group accounting policies.

In the preparation of these Financial Statements the significant areas of judgement by management in the application of the Company’s accounting policies and the main areas of assumptions and estimates are consistent to those applied in the Financial Statements for the year ended December 31, 2022.

7) Foreign currency conversion and financialinformation in hyperinflationary economies

Functional and presentation currency

The figures included in these financial statements were measured using their functional currency, that is, the currency of the primary economic environment in which the Company operates. The functional currency of the Company is the Argentine peso, which is the same as the presentation currency of the financial statements.

IAS 29 "Financial information in hyperinflationary economies" requires that the financial statements of an entity whose functional currency is that of a hyperinflationary economy be expressed in terms of the current unit of measurement at the reporting date of the reporting period, regardless of whether they are based on the historical cost method or the current cost method. For this, in general terms, inflation produced from the date of acquisition or from the revaluation date, as applicable, must be computed in the non-monetary items.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 3 – ACCOUNTING POLICIES (Contd.)

7) Foreign currency conversion and financialinformation in hyperinflationary economies (Contd.)

Functional and presentation currency (Contd.)

These requirements also correspond to the comparative information of these Consolidated financial statements.

In order to conclude on whether an economy is categorized as hyperinflationary under the terms of IAS 29, the standard details a series of factors to be considered, including the existence of a cumulative inflation rate in three years that approximates or exceed 100%. Taking into account that the accumulated inflation rate of the last three years exceeds 100% and the rest of the indicators do not contradict the conclusion that Argentina should be considered as a hyperinflationary economy for accounting purposes, the Company Management understands that there is sufficient evidence to conclude that Argentina is a hyperinflationary economy under the terms of IAS 29, as of July 1, 2018. It is for this reason that, in accordance with the IAS 29, these Consolidated Financial Statements are restated reflecting the effects of inflation in accordance with the provisions of the standard.

In turn, Law No. 27,468 (BO 04/12/2018) amended Article 10 of Law No. 23,928 and its amendments, establishing that the repeal of all legal norms or regulations that establish or authorize indexation by prices, monetary update, variation of costs or any other form of repowering of debts, taxes, prices or rates of goods, works or services, does not include financial statements, in respect of which the provisions of the article 62 in fine of the General Law of Companies No. 19,550 (TO 1984) and its amendments will be applied. Also, the aforementioned legal body ordered the repeal of Decree No. 1269/2002 of July 16, 2002 and its amendments and delegated to the National Executive Power (PEN), through its controlling entities, to establish the date from the which the provisions cited in relation to the financial statements presented will have effect. Therefore, through its General Resolution 777/2018 (BO 28/12/2018), the CNV established that issuers subject to its control should apply to the annual financial statements, for interim and special periods, that close as of December 31, 2018 inclusive, the method of restating financial statements in a homogeneous currency as established by IAS 29.

In accordance with IAS 29, the financial statements of an entity reporting in the currency of a hyperinflationary economy must be reported in terms of the unit of measurement in effect at the date of the financial statements. All amounts in the statement of financial position that are not indicated in terms of the current unit of measurement as of the date of the financial statements should be updated by applying a general price index. All the components of the income statement should be indicated in terms of the unit of measure updated as of the date of the financial statements, applying the change in the general price index that has occurred since the date on which the income and expenses were originally recognized in the financial statements.

The adjustment for inflation in the initial balances was calculated considering the indexes established by the FACPCE based on the price indexes published by the INDEC. As of June 30, 2023, the price index amounted to 1,731, with inflation for the six-month period of 53% and year-on-year of 118%.

Inflation adjustment

In an inflationary period, any entity that maintains an excess of monetary assets over monetary liabilities will lose purchasing power, and any entity that maintains an excess of monetary liabilities over monetary assets will gain purchasing power, provided that such items are not subject to a mechanism of adjustment.

Briefly, the re-expression mechanism of IAS 29 establishes that monetary assets and liabilities will not be restated since they are already expressed in the current unit of measurement at the end of the reporting period. Assets and liabilities subject to adjustments based on specific agreements will be adjusted in accordance with such agreements

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 3 – ACCOUNTING POLICIES (Contd.)

7) Foreign currency conversion and financialinformation in hyperinflationary economies (Contd.)

Inflation adjustment (Contd.)

The non-monetary items measured at their current values at the end of the reporting period, such as the net realization value or others, do not need to be re-expressed. The remaining non-monetary assets and liabilities will be re-expressed by a general price index. The loss or gain from the net monetary position will be included in the comprehensive net result of the reporting period, revealing this information in a separate line item.

The following is a summary of the methodology used for the preparation of these Condensed Consolidated Interim Financial Statements:

-	Non-monetary<br> assets and liabilities: non-monetary assets and liabilities (property, plant and equipment,<br> intangible assets, rights of use, deferred profits and additional allowances) updated by<br> the adjustment coefficients corresponding to the date of acquisition or origin of each of<br> them, as applicable. The income tax derived has been calculated based on the restated value<br> of these assets and liabilities;
-	Monetary<br> assets and liabilities, and monetary position result: monetary assets and liabilities, including<br> balances in foreign currency, by their nature, are presented in terms of purchasing power<br> as of June 30, 2023. The financial result generated by the net monetary position reflects<br> the loss or gain that is obtained by maintaining an active or passive net monetary position<br> in an inflationary period, respectively and is exposed in the line of RECPAM in the Statement<br> of Comprehensive Income;
---	---
-	Equity:<br> the net equity accounts are expressed in constant currency as of June 30, 2023, applying<br> the corresponding adjustment coefficients at their dates of contribution or origin;
---	---
-	Results:<br> the items of the Individual Financial Statements have been restated based on the date on<br> which they accrued or were incurred, with the exception of those associated with non-monetary<br> items (depreciation and amortization expenses), which are presented as a function of the<br> update of the non-monetary items to which they are associated, expressed in constant currency<br> as of June 30, 2023, through the application of the relevant conversion factors.
---	---

The comparative figures have been adjusted for inflation following the same procedure explained in the preceding points.

In the initial application of the adjustment for inflation, the equity accounts were restated as follows:

-	The<br> capital was restated from the date of subscription or from the date of the last adjustment<br> for accounting inflation, whichever happened later. The resulting amount was incorporated<br> into the "Capital adjustment" account
-	The<br> other result reserves were not restated in the initial application.
---	---

With respect to the evolution notes of non-monetary items for the period, the balance at the beginning includes the adjustment for inflation derived from expressing the initial balance to the currency of current purchasing power.

Transactions in foreign currency are translated into the functional currency using the exchange rates prevailing at the transaction dates (or valuation where items are re-measured).

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 3 – ACCOUNTING POLICIES (Contd.)

7) Foreign currency conversion and financial information in hyperinflationaryeconomies (Contd.)

Transactions and balances

Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end of the assets and liabilities denominated in foreign currency are recognized in the statement of comprehensive income.

Foreign exchange gains and losses are shown in “Finance Income” and/or “Finance Expense” of the comprehensive statement of income.

Exchange rates used are the following: buying rate for monetary assets and selling rate for monetary liabilities, applicable at year-end according to ANB, and at the foreign currency exchange rate applicable at the transaction date.

8) Contingencies

The Company has contingent liabilities for legal claims related to the normal course of business. It is not expected that any significant liabilities other than those provisioned will arise from contingent liabilities.

9) Income tax and Deferred tax - Tax revalued- Tax inflation adjustment

The income tax income in the six-month period ended at June 30, 2023 was a loss of $7,314 million.

In order to determine the taxable net result at the end of this period, the adjustment for inflation determined in accordance with articles N ° 95 to N ° 98 of the income tax law was incorporated to the tax result, for $59,939 million, because as of June 30, 2023, the variation of the CPI for the period of 36 months at the end of fiscal year 2023 will exceed 100%.

NOTE 4 - SALES INCOME

		Three months<br> at			Six months<br> at
		06.30.2023	06.30.2022		06.30.2023		06.30.2022
	Note	Millons of
Air station use rate				19,171		49,239		35,070
Landing fee				1,878		4,006		3,518
Parking fee				760		1,534		1,367
Total aeronautical income				21,809		54,779		39,955
Total non-aeronautical income				20,780		45,450		41,108
Total				42,589		100,229		81,063

All values are in US Dollars.

As of June 30, 2023 and 2022, "over the time" income from contracts with customers for the six month periods was $82,300 million and $65,492 million, respectively.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 5 - COSTS OF SALES, ADMINISTRATIVE, DISTRIBUTION,AND SELLING EXPENSES

5.1. Sales Cost

	Three months<br> at			Six months<br> at
	06.30.2023	06.30.2022		06.30.2023		06.30.2022
	Millons<br> of
Specific allocation of income			6,297		14,793		12,002
Airport services and maintenance			5,046		11,228		9,834
Amortization of intangible assets			5,781		10,911		11,523
Depreciation of property, plant and equipment			6		31		13
Salaries and social charges			8,033		16,369		13,965
Fee			52		125		88
Utilities and fees			980		2,007		2,051
Taxes			245		459		484
Office expenses			648		1,531		1,089
Insurance			71		118		143
Depreciation rights of use			233		462		462
Total			27,392		58,034		51,654

All values are in US Dollars.

5.2. Administration and marketing expenses

	Three months<br> at				Six months<br> at
	06.30.2023	06.30.2022			06.30.2023		06.30.2022
	Millons<br> of
Amortization of intangible assets			1			2		2
Salaries and social charges			67			159		125
Utilities and fees			1			2		2
Taxes			2,515			5,186		4,510
Office expenses			6			2		6
Advertising			75			134		80
Provision for bad debts			(2,432	)		431		(2,281	)
Total			233			5,916		2,444

All values are in US Dollars.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 5 - COSTS OF SALES, ADMINISTRATIVE, DISTRIBUTION,AND SELLING EXPENSES (Contd.)

5.3. Administrative expenses

	Three months<br> at			Six months<br> at
	06.30.2023	06.30.2022		06.30.2023		06.30.2022
	Millons<br> of
Airport services and maintenance			37		132		42
Amortization of intangible assets			43		66		75
Salaries and social charges			966		2,170		1,692
Fee			216		361		373
Utilities and fees			12		6		16
Taxes			475		710		757
Office expenses			114		602		193
Insurance			9		50		19
Fees to the Board of Directors and the<br> Supervisory Committee			30		53		52
Total			1,902		4,150		3,219

All values are in US Dollars.

NOTE 6 - OTHER ITEMS OF THE COMPREHENSIVE INCOME STATEMENT

6.1 Other net incomes and expenses

	Three months<br> at					Six months<br> at
	06.30.2023		06.30.2022			06.30.2023			06.30.2022
	Millons<br> of
Trust for Strengthening				1,050			2,465			2,000
Other		)		(46	)		(225	)		(143	)
Total				1,004			2,240			1,857

All values are in US Dollars.

6.2 Finance Income

	Three months<br> at				Six months<br> at
	06.30.2023		06.30.2022		06.30.2023			06.30.2022
	Millons<br> of
Interest				3,645		4,849			6,194
Foreign Exchange differences		)		839		(3,151	)		(1,102	)
Total				4,484		1,698			5,092

All values are in US Dollars.

6.3 Finance Expenses

	Three months<br> at					Six months<br> at
	06.30.2023		06.30.2022			06.30.2023			06.30.2022
	Millons<br> of
Interest		)		(9,486	)		(7,076	)		(20,166	)
Foreign Exchange differences				11,920			10,273			24,370
Total				2,434			3,197			4,204

All values are in US Dollars.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 6 - OTHER ITEMS OF THE COMPREHENSIVE INCOME STATEMENT (Contd.)

6.4 Income Tax

	Three months<br> at				Six months<br> at
	06.30.2023		06.30.2022		06.30.2023			06.30.2022
	Millons<br> of
Current		)		2		-			(1	)
Deferred				5,338		(7,314	)		4,478
Total				5,340		(7,314	)		4,477

All values are in US Dollars.

NOTE 7 – INTANGIBLE ASSETS

			06.30.2023
	Note		Millions<br> of
Original values:
Initial Balance					631,048
Acquisitions of the period					9,935
Balance at June 30					640,983
Accumulated Amortization:
Initial Balance				)	(227,404	)
Amortization of the period		5		)	(11,600	)
Balance at June 30				)	(239,004	)
Net balance at June 30					401,979

All values are in US Dollars.

NOTE 8 - FINANCIAL DEBTS

8.1 Changes in financial debt:

	06.30.2023
	Millions<br> of
Initial Balance			190,052
New financial debts			60,779
Financial debts paid		)	(34,935	)
Accrued interest			8,655
Foreign Exchange differences		)	(22,490	)
Inflation adjustment			1,349
Total Net Balance at June 30			203,410

All values are in US Dollars.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 8 - FINANCIAL DEBTS (Contd.)

8.2 Breakdown of financial debt

	06.30.2023
Non-current<br> Financial Debts	Millions<br> of
Bank borrowings			6,338
Negotiable Obligations			171,359
Cost of issuance of NO		)	(1,803	)
			175,894
Current Financial Debts
Bank borrowings			5,664
Negotiable Obligations			13,154
Bank overdrafts			-
Cost of issuance of NO		)	(364	)
			18,454
			194,348

All values are in US Dollars.

As of June 30, 2023 and December 31, 2022, the fair value of the financial debt amounts to $180,616 and $189,661, respectively. Said valuation method is classified according to IFRS 13 as hierarchy of fair value Level 2 (unadjusted quoted prices in active markets for identical assets or liabilities).

These Condensed Consolidated Interim Financial Statements do not include all the information and disclosure on financial debt management required in the annual financial statements, so they must be read together with the audited Consolidated Financial Statements as of December 31, 2022.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 8 - FINANCIAL DEBTS (Contd.)

8.3 Negotiable Obligations

Class
Guaranteed<br> with Maturity in 2027 ^(1) (2)^	02.2017	02.2027	6.875	%	US	400.0
Class I<br> Series 2020^(1)^	04.2020	02.2027	6.875	%<br> ^(4)^	US	306.0
Class I<br> Series 2021 and Additional (1) (2) (3)	10.2021	08.2031	8.500	%	US	272.9
Class IV	11.2021	11.2028	9.500	%	US	62.0
Class III<br> ^(2) (3)^	09.2021	09.2023	4.000	%	US	30.5
Class V<br> ^(3)^	02.2022	02.2032	5.500	%	US	138.0
Class VI<br> ^(3)^	02.2022	02.2025	2.000	%	US	36.0
Class VII<br> ^(3)^	07.2022	07.2025	0.000	%	US	20.0
Class IX<br> ^(3)^	08.2022	08.2026	0.000	%	US	30.0

All values are in US Dollars.

(1) These NOs are guaranteed in the first degree with the international and regional airport use rates and the rights to compensation of the concession, and in the second degree, with the income assigned from the cargo terminal.

(2) The present NOs are international.

(3) Issued under the Global Program for the issuance of Negotiable Obligations approved by the cnv on 04.12.2020.

(4) During the PIK Period (until 05.01.2021) the interest rate was 9.375% per year, period in which the amount of interest was capitalized quarterly. After said period, the interest rate of the NOs is applied.

(5) The reference NOs are denominated in United States Dollars but payable in Argentine Pesos at the BCRA Communication Reference "A" 3500 exchange rate.

The main covenants of the international NOs require compliance with certain financial ratios, as well as the restriction of incurring additional debt and limitations on the payment of dividends if any breach has occurred.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 8 - FINANCIAL DEBTS (Contd.)

8.4 Bank debt

Institution	Start	Maturity.	N.A.R.	Currency	Initial Capital^(2)^	Capital at 06.30.2023 ^(2)^	Capital at 12.31.2022 ^(2)^
Province<br> of Buenos Aires ^(1)^	04.2019	07.2024	7%	U$S	3.1	0.7	1.1
Syndicated Loan - Off Shore	11.2019	02.2023	LIBOR<br> + 5.500% ^(5)^	U$S	35.0	-	2.3
On Shore Renegotiation	11.2021	11.2024	8.500%	U$S	18.0	13.3	17.8
City Bank	11.2021	11.2023	6.000%	U$S	5.0	2.0	3.5
ICBC - Dubai Branch	07.2022	03.2024	SOFR+<br> 7.875%^(5)^	U$S	10.0	10.0	10.0
Off Shore Renegotiation	08.2022	11.2024^(4)^	BADCOR + 15.50%	$	402.2	-	402.2
On Shore Renegotiation	08.2022	11.2024^(4)^	BADCOR + 10.00%	$	1,953.1	-	1,953.1
Citibank - Overdraft	03.2023	08.2023	76.000%	$	192.9	192.9	-
Citibank - Overdraft	03.2023	11.2023	76.000%	$	192.9	192.9	-
Citibank - Overdraft	03.2023	02.2024	76.000%	$	771.7	771.7	-
Import Financing	05.2023	09.2023	12.900%	U$S	1.2	1.2	-

(1) The loan was granted in four tranches, all of them with the same conditions.

(2) Balances in the currency of origin of the financial instrument. In the case of Argentine pesos, the value is expressed in the homogeneous closing currency.

(3) Pre-paid during July 2022.

(4) Pre-paid during March 2023; the bank overdraft was used to cancel them.

(5) Plus applicable tax withholdings.

(6) During the first year it accrues interest at a TNA of 8%, moving to a TNA of 9% in the second year.

Syndicated loan

On February 22, 2023, the Company paid the last repayment installment of the Offshore loan for a total of US$ USD 2.3 million.

On March 30, 2023, the Company paid in advance for a total of $1,351 million 100% of the loans denominated in Argentine pesos under the syndicated loan.

Citibank – Overdraft

On March 30, 2023, four overdraft lines were taken for a total of $1,351 million in order to cancel the syndicated loans denominated in Argentine pesos. The first of the overdraft lines for $192.9 matured in May 2023.

Financing of Imports ICBC

The repayment of the principal of the loan was established in a single installment at maturity.

Commitment agreement for the provisionof funds Banco Macro S.A.

As of the date of these financial statements, it is not in force.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THECONSOLIDATED STATEMENTS OF FINANCIAL POSITION

9.1 Other receivables

9.1.1Other non-current receivables

		06.30.2023
	Note	Millions<br> of
Trust for Strengthening	10.1		14,810
Total			14,810

All values are in US Dollars.

9.1.2Other current receivables

		06.30.2023
	Note	Millions<br> of
Expenses to be recovered			302
Guarantees granted			2
Related parties	10.1		396
Tax credits			2,381
Prepaid Insurance			319
Others			19
Total			3,419

All values are in US Dollars.

9.2Trade receivables

		06.30.2023
	Note	Millions<br> of
Trade receivables				17,003
Related parties	10.1			490
Checks-postdated checks				538
Subtotal sales credits				18,031
Provision for bad debts			)	(3,622	)
Total				14,409

All values are in US Dollars.

9.2.1Changes in Bad Debt Provisions

		06.30.2023
	Note	Millions<br> of
Initial balance				13,903
Increases /Recoveries of the period	5.2			(2,281	)
Foreign exchange difference				(3,258	)
Applications of the period			)	(805	)
Inflation adjustment			)	(3,792	)
Bad Debts provisions at June 30				3,767

All values are in US Dollars.

9.3Current investments

		06.30.2023
	Note	Millions<br> of
Fix Terms			-
Other financial assets	10.1		-
Investments funds			1
Total			1

All values are in US Dollars.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THECONSOLIDATED STATEMENTS OF FINANCIAL POSITION (Contd.)

9.4Cash and cash equivalents

		06.30.2023
	Note	Millions<br> of
Cash and funds in custody			72
Banks	13		32,184
Checks not yet deposited			248
Term deposits and others			6,573
Total			39,077

All values are in US Dollars.

9.5 Accounts payable and other

9.5.1Accounts payable and other non-current

	06.30.2023
	Millions<br> of
Suppliers		359
Other fiscal debts		1
Total		360

All values are in US Dollars.

9.5.2Accounts payable and other current

		06.30.2023
	Note	Millions<br> of
Suppliers			13,469
Foreign suppliers			826
Related Parties	10.1		380
Salaries and social security liabilities			8,389
Other fiscal liabilities			1,179
Total			24,243

All values are in US Dollars.

NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATEDPARTIES

10.1 Balances with other related parties

Balances with other related companies at June 30, 2023 and December 31, 2022 are as follows:

	06.30.2023
Other receivables	Millions<br> of
Other related companies		396
Total		396

All values are in US Dollars.

	06.30.2023
Trade receivables	Millions<br> of
Other related companies		490
Total		490

All values are in US Dollars.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATEDPARTIES (Contd.)

10.1 Balances with other related parties(Contd.)

	06.30.2023
Investments	Millions<br> of
Other<br> Related Companies^(1)^		-
Total		-

All values are in US Dollars.

(1) As of June 30, 2023, includes a loan granted on July 9, 2023 to Compañía General de Combustibles S.A. for US$14.5 million with a A.N.R of 4%. The loan is for a term of 6 months with cancellation in a single payment of principal and interest at maturity.

		06.30.2023
Accounts payable and other	Note	Millions<br> of
Other related companies			380
Total			380

All values are in US Dollars.

The balances with the Argentine National State as of June 30, 2023 and December 31, 2022 are as follows:

		06.30.2023
	Nota	Millions<br> of
Debt - Specific<br> allocation of income			7,443
Credit - Strengthening Trust ^(1)^			14,810

All values are in US Dollars.

(1) To fund the investment commitments of AA2000.

10.2 Operations with related parties

Transactions with related parties during the six-month periods ended June 30, 2023 and 2022 are as follows:

With Proden S.A. for office rental and maintenance, the Company has allocated $456 million and $726 million to the cost, respectively.

The Company has allocated to the cost $550 million and $497 million, respectively, with Grass Master S.A.U. for airport maintenance. Additionally, for the six-month period ended June 30, 2023, the Company has allocated $9 million to intangible assets.

With Tratamientos Integrales América S.A.U for airport maintenance, the Company has allocated $170 million and $187 million to the cost, respectively.

The Company has allocated to the cost $160 million and $145 million, respectively, with Servicios Integrales América S.A. by out sourcing of systems and technology.

With Compañía de Infraestructura y Construcción S.A. for maintenance at airports, the Company has allocated $646 million to the cost for the period ended June 30, 2023.

With Servicios Aereos Sudamericanos S.A. for aeronautical services, the Company has allocated $159 million to the cost for the period ended June 30, 2023.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATEDPARTIES (Contd.)

10.2 Operations with related parties (Contd.)

The Company has recorded commercial income of $250 million and $185 million, respectively, with Duty Paid S.A.

10.3 Other information about related parties

Furthermore, short-term compensation to key management was $227 and $198 million for the six-month periods ended at June 30, 2023 and 2022, respectively.

Corporación America S.A. is the direct owner of 45.90% of the common shares of the Company, and an indirect owner through Corporación America Sudamericana S.A of 29.75% of the common shares of the Company, therefore is the immediate controlling entity of the Company.

Corporacion America S.A. is controlled by Cedicor S.A., owner of 97.2186% of its capital stock. Cedicor is, in turn, the direct holder of 9.35% of the shares with voting rights of the Company. Cedicor S.A., is 100% controlled by American International Airports LLC, which is in turn 100% controlled by Corporación América Airports S.A.

The ultimate beneficiary of the Company is Southern Cone Foundation. Its purpose is to manage its assets through decisions adopted by its independent Board of Directors. The potential beneficiaries are members of the Eurnekian family and religious, charitable and educational institutions.

Notes to the Condensed Consolidated InterimFinancial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 11 – Provisions and other charges

	At 01.01.23										Total Non<br> Current
	Millions<br> of										Millions<br> of
Litigations		141	(232	)	(507	)	-		302	1,106		574
Deferred Income		860	-		(947	)	(1,381	)	829	3,957		2,999
Trust for works		2,233	(3,517	)	(831	)	299		-	1,084		1,084
Guarantees Received		224	(114	)	(152	)	-		126	575		575
Upfront fees from Concessionaires		34	-		-		(115	)	-	1,079		271
Others		2	(675	)	(750	)	143		400	1,373		632
Total		3,494	(4,538	)	(3,187	)	(1,054	)	1,657	9,174		6,135

All values are in US Dollars.

	Note	At<br> 01.01.22										Total<br> Non<br> Current
		Millions<br> of										Millions<br> of
Litigations			124	(162	)	(568	)	-		267	1,762		1,034
Deferred Income			405	-		(600	)	(1,223	)	227	4,181		2,929
Trust for works			1,445	(3,039	)	(1,744	)	917		-	4,048		2,475
Guarantees Received			133	(66	)	(148	)	-		53	439		439
Upfront fees from Concessionaires			97	-		-		(125	)	-	718		155
Dividends to be paid			-	-		(193	)	-		123	611		611
Debt with the Argentine Government	15		49,249	(26,782	)	(10,035	)	8,631		-	21,063		11,069
Others			58	(98	)	(481	)	39		307	1,503		784
Total			51,511	(30,147	)	(13,769	)	8,239		977	34,325		19,496

All values are in US Dollars.

Notas a los Estados Financieros IntermediosCondensados Consolidados

al 30 de junio 2023 presentados en forma comparativa (Cont.)

NOTE 12 - FOREIGN CURRENCY ASSETS AND LIABILITIES

Item	Foreign currency type and amount at 06.30.2023
Assets
Current Assets
Net trade receivables	U$S	31	256.3000	7,945	7,379
Investments	U$S	15	256.3000	3,716	-
Cash and cash equivalents	U$S	90	256.3000	23,193	31,709
Total current assets				34,854	39,088
Total assets				34,854	39,088
Liabilities
Current Liabilities
Provisions and other charges	U$S	2	256.7000	448	654
Financial debts	U$S	73	256.7000	18,843	20,646
Lease liabilities	U$S	1	256.7000	230	595
Commercial accounts payable and others	U$S	7	256.7000	1,875	2,207
	EUR	2	280.4961	473	311
Total current liabilities				21,869	24,413
Non-Current Liabilities
Provisions and other charges	U$S	5	256.7000	1,341	1,511
Financial debts	U$S	637	256.7000	163,462	176,558
Commercial accounts payable and others	U$S	1	256.7000	321	359
Total non-current liabilities				165,124	178,428
Total liabilities				186,993	202,841
Net liability position				152,139	163,753

NOTE 13 – OTHER RESTRICTED ASSETS

Other than what is mentioned in Note 1 and 6, other receivables in current assets at June 30, 2023 and December 31, 2022 include $1 million and $2 million corresponding to guarantees granted to third parties in connection with lease agreements. Likewise, as of June 30, 2023, and December 31, 2022, under Cash and cash equivalents, there are balances in bank accounts specifically earmarked for the cancellation of Series 2021 and Class IV negotiable obligations for $1,536 million and $1,309 million, respectively.

Notas a los Estados Financieros Intermedios Condensados Consolidados

al 30 de junio 2023 presentados en forma comparativa (Cont.)

NOTE 14 - CAPITAL STOCK

At June 30, 2023 capital stock is as follows:

	Par Value

Paid-in and subscribed
Registered with the Public Registry of Commerce

All values are in US Dollars.

The Company’s capital stock is comprised of 258,517,299 common shares of $1 par value and entitled to one vote per share.

On March 10, 2022, the redemption of the preferred shares issued by the company and the consequent capital reduction from $1,169,495,813 to $258,517,299 were resolved. Said capital reduction was registered in the Public Registry on September 8, 2022, under number 16,654, of book 109 of Joint Stock Companies.

NOTE15 - DIVIDENDS BY PREFERRED SHARES (presented in $ at the currency of the Meeting date)

On February 25, 2022, the AA2000 board resolved:

(i)	redeem<br> all of the outstanding preferred shares, that is, 910,978,514 preferred shares;
(ii)	that the redemption price will be the<br> equivalent of: a) the nominal value ($910,978,514) adjusted for inflation at the redemption<br> date, that is, at the date of the board meeting, which amounts to $16,506, 174,484; plus<br> b) the value of the dividend of the preferred shares accrued for the year 2020, which was<br> not paid in a timely manner due to the non-existence of profits, but which according to the<br> issuance conditions is cumulative, which adjusted for inflation at the redemption date amounts<br> to $330,123,490; plus c) the value of the dividend of the preferred shares accrued for fiscal<br> year 2021 and the proportional dividend for fiscal year 2022 adjusted for inflation until<br> the redemption date $389,421,266. Consequently, the total value of the redemption will amount<br> to $17,225,719,240;
(iii)	that the price be paid as follows:<br> a) the sum of $11,100,000,000 once the capital reduction procedure has been completed and<br> the term for oppositions established in the General Companies Law has elapsed; and b) the<br> balance, before December 31, 2024, with the possibility of making partial payments.<br> Said balance will accrue interest equivalent to the corresponding adjustment for inflation<br> plus two percent per year of the value of the debt;
(iv)	that, from the redemption of the preferred<br> shares, although the preferred shares will participate in the shareholders' meeting that<br> resolves their cancellation, the amount to be redeemed will be accounted for in social liabilities.

The adjustment of the preferred shares to be redeemed was made in compliance with the provisions of General Resolution No. 777/18 of the CNV.

In turn, it resolved to call an extraordinary general meeting for March 10, 2022 in order to approve the redemption of the preferred shares, the reduction of the capital stock and the reform of article 2.01 of the bylaws.

At the meeting held on March 10, 2022, it was resolved to approve the redemption of the preferred shares in the terms approved by the board of directors and:

Notas a los Estados Financieros IntermediosCondensados Consolidados

al 30 de junio 2023 presentados en forma comparativa (Cont.)

NOTE 15 - DIVIDENDS BY PREFERRED SHARES (presentedin $ at the currency of the Meeting date – Contd.)

(i)	Reduce the capital stock of Aeropuertos<br> Argentina 2000 S.A. from one thousand one hundred sixty-nine million four hundred ninety-five<br> thousand eight hundred thirteen pesos ($1,169,495,813) to two hundred fifty-eight million<br> five hundred seventeen thousand two hundred ninety-nine pesos ($258,517,299), that is, for<br> the sum of nine hundred ten million nine hundred seventy-eight thousand five hundred fourteen<br> pesos ($910,978,514), canceling 910,978,514 shares owned by the National State.
(ii)	Set the value of the shares canceled<br> as a result of the capital reduction at eighteen pesos 9090/1000 ($18.9090) per share.
(iii)	Affect for the payment of the shares<br> the amount of capital stock, plus the capital adjustment that corresponds to the preferred<br> shares, and for the difference to be paid, affect the “optional reserves” account.
(iv)	Reform article 2.01 of the corporate<br> bylaws, which was worded as follows: “2.01. The evolution of the capital stock will<br> appear in the balance sheets of the company as it results from the increases registered in<br> the Public Registry. The capital stock is represented by 79,105,489 book-entry common shares<br> class A subclass R, 79,105,489 common book-entry shares class B subclass R, 61,526,492 common<br> book-entry shares class C subclass R, 38,779,829 common book-entry shares class D, and by<br> subclass L book-entry ordinary shares that are issued under the public offering system.”.

In the months of April, June and August 2022, the corresponding payments were made in order to cancel the total debt with the National State.

The capital reduction by redemption of the preferred shares and the reform of the bylaws was registered in the Public Registry on September 8, 2022 under number 16,654 of book 109, volume of Stock Companies.

NOTE 16 – RESOLUTIONS OF SHAREHOLDERS’ORDINARY AND SPECIAL MEETING OF CLASS A, B, C AND D SPECIAL OF PREFERRED SHARES OF AEROPUERTOS ARGENTINA 2000 S.A. HELD ON APRIL28, 2022 AND APRIL 26, 2023 (presented in $ at the currency of the Meeting date)

In the ordinary general meeting, special class A, B, C and D shares and extraordinary, held on April 28, 2022, it was resolved that the negative result of the year of $2,548,150, be transferred to the next year. In turn, it was reported that in accordance with the resolution of the company's extraordinary general meeting of shareholders held on March 10, 2022, all of the outstanding preferred shares were redeemed, that is, 910,978,514 preferred shares, issued in under the provisions of the extraordinary general meeting held on March 6, 2008 and in clause 14 and annex VII of the Concession Agreement Adequacy Agreement Minutes. Consequently, the payment of dividends for said shares does not correspond.

Finally, in the ordinary and special general meeting of classes A, B, C and D of shares, held on April 26, 2023, it was resolved that the positive result of $40,638,030,971 which, after absorbing the accumulated losses of the previous year for an amount of ($22,199,777,489), amounted to $18,438,253,482, have the following destination:

(i)	$614,780,045 to constitute the legal reserve,<br> up to 20% of the capital stock plus the capital adjustment; and
(ii)	the<br> balance of $17,823,473,437 to establish an optional reserve for the execution of future works<br> plans and to guarantee the payment of future dividends, if applicable.

Notas a los Estados Financieros IntermediosCondensados Consolidados

al 30 de junio 2023 presentados en forma comparativa (Cont.)

NOTE 17 – EARNINGS PER SHARE

Relevant information for the calculation per share


Income for the period (in millions of )	28,245	43,907
Amount of ordinary shares (millions)	259	259
Earnings per shares ( per share)	109.0541	169.8416

All values are in US Dollars.

NOTE 18- FINANCIAL RISK MANAGEMENT

The Company is exposed by its activities to several financial risks: market risk (including risk of exchange rate, risk of fair value due to interest rate and price risk), credit risk and liquidity risk.

These Condensed Consolidated Interim Financial Statements do not include all the information on financial risk management requested in the annual financial statements, thus they should be read together with the Consolidated Financial Statements audited at December 31, 2022.

On April 20, 2023, in relation to the provision of certain services, the requirement of prior BCRA approval for access to the MLC was incorporated within 60 calendar days from the date of approval of the declaration of the System for Imports of the Argentine Republic and Payments for Foreign Services (“SIRASE”). This requirement is not applicable in the event of: (i) payment by performing an exchange and/or arbitration against a local account in foreign currency; (ii) access simultaneously with the liquidation of a new financial indebtedness abroad for which the entire capital matures after the indicated term; and (iii) access with funds originated in a financing of imports of services granted by a local financial entity from a commercial line of credit abroad and when the entire capital of the financing matures after the indicated term.

Regarding the operation of stock market assets, the period for not concluding operations with securities issued under foreign law is extended to 180 calendar days and the period for not concluding operations with securities issued under Argentine law is maintained at 90 days, to be presented in the affidavits for access to the MULC.

On July 24, 2023, the NEP issued Decree No. 377/2023, which establishes taxation with a “PAIS Tax” of all new operations involving the purchase of foreign currency for the payment of obligations for imports of certain services and goods, namely: i) Services acquired abroad or in the country when provided by non-residents: the 25% rate will be applicable; ii) Freight services and other transport services for import or export operations of goods, the rate of 7.5% will be applicable; and iii) Import of goods: the rate of 7.5% will be applicable with some exceptions: a. Certain goods with specific tariff items; b. Inputs and intermediate goods directly linked to the basic food basket as established by the Ministry of Economy, through the Secretariats with competence in the matter and the AFIP; and c. Assets related to power generation, under the terms established by the Ministry of Energy. The AFIP is empowered to establish a 95% payment because under the terms and conditions established by said body. Financial entities must act as tax collection and settlement agents. This measure came into effect on 07.24.2023, taking effect for purchase operations of banknotes and foreign currency carried out from that date, inclusive. As of the date of these financial statements, the Company is analyzing the impact of the standard issued.

Notas a los Estados Financieros IntermediosCondensados Consolidados

al 30 de junio 2023 presentados en forma comparativa (Cont.)

NOTE 19 - EVENTS SUBSEQUENT TO THE END OFTHE YEAR

On July 5, 2023, within the framework of the Global Negotiable Obligations Issuance Program, AA2000 issued additional Class IX ONs for US$ 2.7 with an issue price of 119% of face value.

On July 5, 2023, within the framework of the Global Negotiable Obligations Issuance Program, AA2000 issued Class X of NO for US$ 25 million, maturing on July 5, 2025, interest rate of 0% annual nominal and with an issue price of 110.65% of the nominal value.

The NOs were exclusively paid in kind according to the exchange ratio of US$ 0.9065 face value of Class X NO for US$ 1 face value of Class III NO.

The amortization of the principal of the negotiable obligations was established in a single installment at maturity, which will be payable at the exchange rate of Reference Communication "A" 3500 of the BCRA.

Beyond the aforementioned, there have been no events and/or transactions that could significantly affect the equity and financial situation of the Company after the end of the period.

Informative Review required by Resolution No. 368/01of the National Securities Commission

At June 30, 2023 presented in comparative format

Presentation base

The information contained in this Summary has been prepared in accordance with Resolution No. 368/01 of the National Securities Commission ("CNV") and should be read in conjunction with the Condensed Consolidated Interim Financial Statements as of June 30, 2023 presented in comparative form, prepared in accordance with IFRS standards.

In compliance with the provisions of the CNV regulations, the values corresponding to the interim periods of this informative review are expressed in constant currency at June 30, 2023, in accordance with International Accounting Standard N ° 29 “Financial information in hyperinflationary economies”. For more information, see Note 3.7 to the Consolidated Condensed Interim Financial Statements at June 30, 2023.

1. General considerations

International Financial Reporting Standards (IFRS)

The National Securities Commission, through General Resolutions No. 562/09 and 576/10, has established the application of Technical Resolutions No. 26 and 29 of the FACPCE, which adopt IFRS , issued by the IASB, for entities included in the public offering regime of Law No. 17,811, either for their capital or for their negotiable obligations, or who have requested authorization to be included in the aforementioned regime.

The application of such standards is mandatory for the Company as of the fiscal year beginning on January 1, 2012.

Seasonality

The Company's revenues are highly influenced by the seasonality of air traffic in Argentina. The traffic of planes and passengers and, consequently, the income of the Company are higher during the summer and winter months (December - February and July - August), basically because they are holiday periods.

During the year 2023, projects and works have been carried out at the different concessioned airports.

Ezeiza International Airport

Works are underway, with paralysis due to the pandemic:

-	New Control Tower. (Project and supervision of AA2000);
-	Beacon ring and main electrical substation;

In execution, after the stoppage by the pandemic:

-	New Parallel Shooting at Header 35; and
-	TWY beacon to Header 35.

The launch of the work of New Feeders 9 and 10 in 13.2 KV has been carried out.

The work of the Departures Building - Hall B and Zeppelin has been enabled for operation.

Informative Review required by Resolution No. 368/01of the National Securities Commission

At June 30, 2023 presented in comparative format

1. General considerations (Contd.)

Jorge Newbery Airport

In execution, with reactivation after the stoppage due to the pandemic, the work:

-	External works - sidewalks - landscaping - coastal filling and underground parking;
-	Expansion of the South Platform – Stage 2.
-	Expansion of the North Platform;

Work has been completed on:

-	New System of South Taxiing and Adaptation of the South Strip; and
-	Sanitary and sewage network in Cabecera Sur.

The works related to the sanitary network outside the concession area have been handed over to the public service concessionaire and are in the final closing stage.

Rio Hondo Airport

Works Started:

-	Rehabilitation of runway, taxiing and platform;
-	New high-intensity beaconing system for the runway;
-	Maintenance Infrastructure and Support Services; and
-	Expansion and Remodeling of the Passenger Terminal.

Santa Rosa Airport

The remodeling and expansion works of the passenger terminal are underway.

San Rafael Airport

In execution works of:

-	Maintenance Infrastructure and Support Services
-	New Passenger Terminal.

Comodoro Rivadavia Airport

The New Beaconing work is in the process of being terminated due to lack of reactivation, after the stoppage due to the pandemic.

Córdoba Airport

The works are in progress, after the stoppage due to the pandemic:

-	Beaconing for runway 18-36; and
-	Atmospheric discharge protection system.

Informative Review required by Resolution No. 368/01of the National Securities Commission

At June 30, 2023 presented in comparative format

1. General considerations (Contd.)

The works of the Expansion of the car park have been terminated.

Iguazú Airport

In execution, after the end of the stoppage due to the pandemic, the works of:

-	Remodeling and expansion of the passenger terminal;
-	New Parking;

Works have started on:

-	Tipping points - Aircraft sanitary effluent treatment;
-	Sewage Effluent Treatment Plant; and
-	Maintenance Infrastructure and Support Services

San Fernando Airport

In execution, after the end of the stoppage due to the pandemic, the works of new control tower.

San Juan Airport

The remodeling work of the passenger terminal is in execution.

La Rioja Airport

The works of the New Passenger Terminal have been terminated due to non-compliance by the supplier.

This stoppage has led to the consensual termination of the New Parking works.

Both will be tendered again.

Esquel Airport

Terminated due to provider breach

-	Integral Remodeling Work of the Passenger Terminal
-	TWR Control.

Jujuy Airport

In execution, about to be complete, the works of:

-	Complete remodeling of the passenger terminal.
-	New Parking and Roads.

Informative Review required by Resolution No. 368/01of the National Securities Commission

At June 30, 2023 presented in comparative format

***1.***General considerations (Contd.)

Resistencia Airport

The works are in progress:

-	Power Supply to the Control Tower.
-	Rehabilitation of Alpha Taxiing; and
-	Beaconing of Alfa Taxiing

The work of comprehensive remodeling of the passenger terminal is in the award process.

Formosa Airport

The work of the new passenger terminal is in the process of launching;

Salta Airport

The remodeling and expansion of the passenger terminal is in the process of being awarded.

2. Equity structure

In order to appreciate the evolution of the Company's activities, the comparative consolidated equity structure of the financial statements at June 30, 2023, 2022, 2021, 2020 and 2019, is presented.

	06.30.2023
	Millions of
Current Asset			75,303	37,760	45,564	54,443
Non-current Assets			418,890	429,810	445,493	404,487
Total Assets			494,193	467,570	491,057	458,930
Current liabilities			72,491	100,280	75,716	58,376
Non- Current Liabilities			227,104	172,521	187,684	147,740
Total Liabilities			299,595	272,801	263,400	206,116
Net equity attributable to majority shareholders			194,594	194,766	227,485	252,700
Non-controlling interest		)	4	3	172	114
Net Equity			194,598	194,769	227,657	252,814
Total			494,193	467,570	491,057	458,930

All values are in US Dollars.

Informative Review required by Resolution No. 368/01of the National Securities Commission

At June 30, 2023 presented in comparative format

3. Results structure

The following is a summary of the evolution of the consolidated statements of comprehensive income for the six-month periods ended at June 30, 2023, 2022, 2021, 2020 and 2019.

	06.30.2023
	Millions of
Gross Profit			29,434		3,032		3,150		44,376
Administrative and distribution and marketing expenses		)	(5,663	)	(5,040	)	(8,039	)	(11,337	)
Other net income and expenses			1,857		(1,904	)	1,583		2,696
Operating profit			25,628		(3,912	)	(3,306	)	35,735
Income and financial costs			9,296		9,725		(12,587	)	7,157
Result by exposure to changes in the acquisition power of currency		)	4,511		(1,335	)	(1,938	)	(5,402	)
Income for related parties		)	(5	)	-		-		-
Income before tax			39,430		4,478		(17,831	)	37,490
Income tax		)	4,477		(9,634	)	12,999		2,426
Result of the period			43,907		(5,156	)	(4,832	)	39,916
Other comprehensive incomes			-		-		-		-
Comprehensive income for the period			43,907		(5,156	)	(4,832	)	39,916
Result attributable to majority shareholders			43,907		(5,156	)	(4,822	)	39,948
Non-controlling interest		)	-		-		(10	)	(32	)

All values are in US Dollars.

4. Cash flow structure

	06.30.2023
	Millions of
Cash Flow generated by / (Used in)<br> operating activities			7,245		4,648		9,905		(13,950	)
Cash Flow (used in) / generated by investing<br> activities		)	(11,714	)	802		403		1,695
Cash Flow used in financing activities		)	(1,339	)	(14,284	)	(10,422	)	(8,968	)
Net Cash Flow used in the period		)	(5,808	)	(8,834	)	(114	)	(21,223	)

All values are in US Dollars.

Informative Review required by Resolution No. 368/01of the National Securities Commission

At June 30, 2023 presented in comparative format

5. Analysis of operations for the six-monthperiods ended at June 30, 2023 and 2022

5.1 Results of operations

Income

The following table shows the composition of consolidated revenues for the six-month periods ended at June 30, 2023 and 2022:

Revenues

	06.30.2023	%			06.30.2022	%
	Millions of	Revenues			Millions of	Revenues
Aeronautical revenues			54.65	%			49.29	%
Non-aeronautical revenues			45.35	%			50.71	%
Total			100	%			100	%

All values are in US Dollars.

The following table shows the composition of the aeronautical revenues for the six-month periods ended at June 30, 2023 and 2022:

Aeronautical revenues

	06.30.2023	%			06.30.2022	%
	Millions of	Revenues			Millions of	Revenues
Landing fee			7.31	%			8.80	%
Parking fee			2.80	%			3.42	%
Air station use rate			89.89	%			87.77	%
Total			100	%			100	%

All values are in US Dollars.

Costs

The cost of sales had the following variation:

	Millions of
Costs of sales for the period ended at 06.30.2023
Costs of sales for the period ended at 06.30.2022
Variation

All values are in US Dollars.

Distribution and marketing expenses

The distribution and marketing expenses had the following variation:

	Millions of
Distribution and commercial expenses for the period ended 06.30.2023
Distribution and commercial expenses for the period ended at 06.30.2022
Variation

All values are in US Dollars.

Informative Review required by Resolution No. 368/01of the National Securities Commission

At June 30, 2023 presented in comparative format

5. Analysis of operations for the six-monthperiods ended at June 30, 2023 and 2022 (Contd.)

5.1 Results of operations (Contd.)

Administrative Expenses

The administrative expenses had the following variation:

	Millions of
Administrative expenses for the period ended at 06.30.2023
Administrative expenses for the period ended at 06.30.2022
Variation

All values are in US Dollars.

Income and financial costs

Net financial income and costs totaled profits of $4,895 million during the six-month period ended at June 30, 2023 with respect to $9,296 million revenue during the same period of the previous year.

The variation is mainly due to losses arising from exposure to foreign currency.

Other incomes and expenditures

The other net income and expense item recorded revenue of approximately $2,240 million during the six-month period ended at June 30, 2023 with respect to $1,857 million of revenue in the same period of the previous year.

5.2 Liquidity and Capital Resources

Capitalization

The total capitalization of the Group at June 30, 2023 amounted to $419,766 million composed of $178,643 million of financial debt and a net equity worth of $241,123 million, while the total capitalization of the Company at June 30, 2022 amounted to $398,008 million comprised of $203,410 million of financial debts and a net equity worth of $194,598 million.

The debt as a percentage of total capitalization amounted to approximately 42.56% at June 30, 2023 and 51.11% at June 30, 2022.

Financing

See in detail Note 8 to these Condensed Consolidated Interim Financial Statements.

Informative Review required by Resolution No. 368/01of the National Securities Commission

At June 30, 2023 presented in comparative format

6. Index

The information refers to the periods ended at June 30, 2023, 2022, 2021, 2020 and 2019:


Liquidity ^(1)^	1.395	1.153	0.478		0.570		1.260
Solvency ^(1)^	0.964	0.449	0.693		0.898		1.040
Immobilization of capital	0.879	0.766	0.895		0.904		0.840
Cost effectiveness	0.124	0.222	(0.026	)	(0.021	)	0.171

(1) Current liabilities and non-current liabilities do not include deferred profits or additional consideration for concessionaries.

7. Statistical data

Passengers

The information detailed below is based on extra-budgetary statistics compiled by the Company. Number of passengers (in thousands) for the six-month periods ended at June 30, 2023, 2022, 2021, 2020 and 2019:

	06.30.23
	Thousands of passengers
Aeroparque		7,478		5,714		820		2,292		6,231
Ezeiza		5,045		3,098		1,840		2,878		6,112
Córdoba		1,386		963		234		697		1,810
Mendoza		1,131		754		220		431		1,165
Bariloche		1,050		890		377		433		741
Iguazú		757		513		101		352		739
Salta		722		565		169		325		668
Tucumán		419		320		104		178		471
Jujuy		297		213		66		81		195
C. Rivadavia		270		191		63		123		328
Total		18,555		13,221		3,994		7,790		18,460
Overall total		19,817		14,275		4,308		8,802		20,531
Variation		38.8	%	231.4	%	(51.1	)%	(57.1	)%	11.7	%

Informative Review required by Resolution No. 368/01of the National Securities Commission

At June 30, 2023 presented in comparative format

7. Statistical data (Contd.)

Movement of aircraft

Amount of movement of aircraft for the six-month periods ended at June 30, 2023, 2022, 2021, 2020 and 2019 of the ten airports that represent more than 80% of the total movements of the airport system:


Aeroparque	61,894		46,777		10,057		22,100		56,928
Ezeiza	34,218		22,189		19,416		22,245		41,770
San Fernando	30,393		29,456		21,653		11,749		20,579
Córdoba	13,427		9,841		3,790		6,638		16,360
Mendoza	10,517		7,299		3,000		4,622		11,349
Bariloche	8,066		6,838		3,951		3,435		6,131
Salta	7,854		5,480		2,298		3,280		6,754
Iguazú	5,666		4,092		1,282		3,359		6,191
Tucumán	3,957		2,794		1,441		1,682		4,530
Mar del Plata	3,954		3,156		1,949		2,180		4,605
C. Rivadavia	3,522		2,756		2,292		2,657		5,010
Total	183,468		140,678		71,129		83,947		180,207
Overall Total	214,954		168,679		89,233		101,679		212,475
Variations	27.4	%	89.0	%	(12.2	)%	(52.1	)%	1.9	%

Outlook for 2023

The second quarter of 2023 consolidated the level of recovery in the international passenger segment, reaching a level of 92% of pax in June 2023 compared to the same level of 2019, and marked a growth of 32% in relation to 2022. In the domestic segment, traffic continued to grow, with a passenger peak in January for the summer season, which was 13% above the year 2019.

For the remainder of 2023, we expect passenger volume to continue on the path of recovery on the international front, and maintain the growth trend in the domestic segment.

Simultaneously, in the context of sustained passenger recovery, we continue to monitor the Company's operating costs in order to take advantage of the efficiency achieved during the pandemic. Additionally, we weigh the impact generated in said structure by the increase in passenger volume, seeking to maintain the quality and level of services.

Likewise, we expect to continue with the execution of investments programs established in our contractual framework, with a projection of works both in the airports of the Buenos Aires area and in several airports in the interior of the country, consolidating the improvement and modernization program of the airport infrastructure with a federal perspective.

“Freetranslation from the original in Spanish for publication in Argentina”

REPORT ON REVIEW OF CONDENSED CONSOLIDATEDINTERIM FINANCIAL STATEMENTS

To the Shareholders, Chairman and Directors of

Aeropuertos Argentina 2000 S.A.

Legal address: Honduras 5663

Autonomous City of Buenos Aires

Tax Code: 30-69617058-0

Report on the condensed consolidated interimfinancial statements

Introduction

We have reviewed the attached condensed consolidated interim financial statements of Aeropuertos Argentina 2000 S.A. and its subsidiaries (hereinafter "the Company"), which comprise the consolidated statement of financial position as of June 30, 2023, the consolidated statements of comprehensive income for the periods of three and six months ended June 30, 2023, the consolidated statements of changes in equity and cash flows for the six-month period ended June 30, 2023 and selected explanatory notes.

Board Responsibility

The Board of Directors of the Company is responsible for the preparation and presentation of the financial statements in accordance with the International Financial Reporting Standards, adopted by the Argentine Federation of Professional Councils of Economic Sciences (FACPCE) as professional accounting standards and incorporated by the National Securities Commission (CNV) to its regulations, as approved by the International Accounting Standards Board (IASB) and, therefore, is responsible for the preparation and presentation of the condensed consolidated interim financial statements. mentioned in the first paragraph in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34).

Scope of review

Our responsibility is to express a conclusion on these condensed consolidated interim financial statements based on the review we have performed, which was performed in accordance with the International Standard for Review Engagements NIER 2410 "Review of interim financial information developed by the entity's independent auditor", which was adopted as a review standard in Argentina through Technique Resolution FACPCE No. 33 as approved by the International Auditing and Assurance Standards Board (IAASB). A review of condensed consolidated interim financial statements consists of making inquiries primarily of personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially narrower in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not allow us to be confident that we have identified all significant matters that might be noted in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that would cause us to believe that the condensed consolidated interim financial statements mentioned in the first paragraph of this report are not prepared, in all material respects, in accordance with International Accounting Standard 34.

Price Waterhouse & Co. S.R.L., Bouchard 557, 8^th^ floor, C1106ABG - City of Buenos Aires

T: +(54.11) 4850.0000, www.pwc.com/ar

“Free translation from the original inSpanish for publication in Argentina”

Report on the compliance with current regulations

In compliance with current provisions, we report, with respect to Aeropuertos Argentina 2000 S.A., that:

a)	the condensed consolidated interim financial statements of Aeropuertos Argentina 2000 S.A. are pending<br>to be recorded in the book Inventories and Balance Sheets;
b)	the separate condensed interim financial statements arise from accounting records kept in their formal<br>aspects in accordance with legal regulations, except for their lack of transcription in the book Inventories and Balance Sheets;
---	---
c)	we have read the informative review, on which, in what is a matter of our competence, we have no observations<br>to formulate;
---	---
d)	As of June 30, 2023, the debt accrued in favor of the Integrated Argentine Social Security System<br>of Aeropuertos Argentina 2000 S.A. that arises from the Company's accounting records amounted to $ 1,005,699,097, not being payable as<br>of that date.
---	---

Autonomous City of Buenos Aires, August 9, 2023.

PRICE WATERHOUSE & CO. S.R.L.
by (Partner)
Juan Manuel Gallego Tinto

SURVEILLANCE COMMITTEE REPORT

To the shareholders of

AEROPUERTOS ARGENTINA 2000 S.A.

In accordance with the requirements of the Article 294 Subsection 5º of Act No. 19,550 and the Article 63 Subsection b) of the BYMA Regulations (Argentine Stock and Market), we have conducted the review described in the third paragraph regarding the consolidated interim financial statements of Aeropuertos Argentina 2000 S.A. (the “Company”) and its subsidiaries, including the consolidated statement of financial position as of June 30, 2023, the consolidated statements of comprehensive income, of changes in equity and of cash flows for the six-month period then ended and the selected explanatory notes.

The Board of Directors of the Company is responsible for the preparation and issuance of said financial statements, in exercise of its specific functions.

Our review was conducted in accordance with the supervisory existing standards. These standards require the verification of the consistency of the revised documents with the information on the corporate decisions established in minutes and the adequacy of those decisions to the law and the by-laws regarding its formal and documentary aspects.

In order to carry out our professional work, we have taken into account the limited review report of the external auditor, Juan Manuel Gallego Tinto (partner of Price Waterhouse & Co. SRL), dated August 9, 2023, who states that it has been issued in accordance with the International Standards for Review Engagements NIER 2410 "Review of interim financial information developed by the entity's independent auditor", which were adopted as review standards in Argentina by Technical Pronouncement No. 33 of the Argentine Federation of Professional Councils in Economic Sciences (FACPCE) as approved by the International Auditing and Assurance Standards Board (IAASB).

As stated in the section "Board Responsibility" of the external auditor's report, the Board of Directors of the Company is responsible for the preparation and presentation of the abovementioned financial statements, in accordance with International Financial Reporting Standards (IFRS), adopted as Argentine professional accounting standards by the FACPCE and incorporated into the regulations of the National Securities Commission (CNV), as approved by the International Accounting Standard Board (IASB). The Board of Directors of the Company is responsible for the preparation and issuance of said financial statements, according to the International Accounting Standard 34 “Interim Financial Reporting” (IAS 34).

We have not carried out any management control and, therefore, we have not evaluated the criteria and business decisions of administration, financing, marketing, or production, since these issues are the sole responsibility of the Board of Directors.

Based on our review, with the scope described above, we hereby inform that the condensed consolidated interim financial statements of Aeropuertos Argentina 2000 S.A. as of June 30, 2023 consider all significant events and circumstances that are known to us, they arise from the accounting records kept in their formal aspects in accordance with legal regulations, except for the fact that they are pending to be copied in the "Inventories and Balance Sheets" book; and regarding said documents we have no other observations to make.

In exercise of our legal supervision duties, during the period under review, we performed the procedures set forth in Article 294 of Act No. 19,550 that we consider necessary in accordance with the circumstances, and in this respect, we have no observations to make.

Autonomous City of Buenos Aires, August 9, 2023.

Patricio A. Martin
By Surveillance Committee

Exhibit 99.2

Separate Condensed Interim Financial Statements

At June 30, 2023 presented in comparative format

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format

Index

Glossary
Separate Condensed Interim Financial Statements	1
Separate Statements of Comprehensive Income	2
Separate Statements of Financial Position	3
Separate Statements of Changes in Equity	4
Separate Statements of Cash Flows	5
Notes to the Condensed Individual Interim Financial Statements	6
Review Report of the Separate Condensed Interim Financial Statements
Report of the Supervisory Committee

Glossary

Term	Definition
$	Argentine peso
U$S	US dollar
EUR	Euro
AA2000<br><br>The company	Aeropuertos Argentina 2000 S.A.
AFIP	Acronym in Spanish for Federal Administration of Public Revenues
BCRA	Acronym in Spanish for Central Bank of Argentine Republic
BNA	Acronym in Spanish for Bank of Argentine Nation
OG	Official Gazette
CAAP	Corporación América Airports S.A.
IFRIC	Committee on Interpretations of International Financial Reporting Standards
CNV	Acronym in Spanish for National Securities Commission
CPCECABA	Acronym in Spanish for Professional Council of Economic Sciences of the Autonomous City of Buenos Aires
FACPCE	Acronym in Spanish for Argentine Federation of Professional Councils of Economic Sciences
IASB	International Accounting Standards Board
IATA	International Air Transport Association
PAIS Tax	Acronym in Spanish for Tax for an Inclusive and Solidary Argentina
INDEC	Acronym in Spanish for National Institute of Statistics and Censuses
CPI	Consumer Price Index (General Level)
MULC	Acronym in Spanish for Single and Free Exchange Market
IAS	International Accounting Standards
IFRS	International Financial Reporting Standards
NO	Negotiable Obligations
ORSNA	Acronym in Spanish for Regulatory Body of the National Airport System
PEN	Acronym in Spanish for National Executive Power
PP&E	Property , Plant & Equipment
RECPAM	Acronym in Spanish for Result from exposure to changes in the purchasing power of the currency
SNA	Acronym in Spanish for National Airport System
N.A.R	Nominal annual interest rate
OT	Ordered Text

Registration number with the Superintendency of Corporations: 1645890

Honduras 5663 - Ciudad Autónoma de BuenosAires

Principal activity of the Company: Exploitation, administration and operation of airports.

Separate Condensed Interim Financial Statements

For the six-month period of the

Fiscal Year N° 26 commenced January 1, 2023

Date of registration with the Public Registry of Commerce:

Of the By-laws: February 18, 1998

Of the last modification of the By-laws: January 03, 2023

Expiration date of the company: February 17, 2053

Controlling Company:

Corporate name: Corporación América S.A.

Legal Address: Honduras 5673 – Autonomous City of BuenosAires

Principal activity: Investments and financing

Participation of the Parent Company in common stock and total votes: 45.90%

Composition of capital (Note 14):

Issued Common Shares of N/V 1 and 1 vote each:
	Paid-in

79,105,489 Class "A" Shares		79,105,489
79,105,489 Class "B" Shares		79,105,489
61,526,492 Class "C" Shares		61,526,492
38,779,829 Class "D" Shares		38,779,829
		258,517,299

All values are in US Dollars.

Separate Statement of Comprehensive Income

Corresponding to the periods of three and six months ended on June 30, 2023 and 2022

		Three months at					Six months at
		06.30.2023		06.30.2022			06.30.2023			06.30.2022
		Millions of
Continuous Operations
Sales income	3				42,508			100,071			80,906
Construction income					6,734			18,992			9,935
Cost of service	4.1		)		(27,363	)		(58,102	)		(51,599	)
Construction costs			)		(6,720	)		(18,973	)		(9,910	)
Income for gross profit for the period					15,159			41,988			29,332
Distribution and selling expenses	4.2		)		(214	)		(5,837	)		(2,405	)
Administrative expenses	4.3		)		(1,898	)		(4,070	)		(3,213	)
Other income and expenses, net	5.1				1,004			2,240			1,857
Operating profit for the period					14,051			34,321			25,571
Finance Income	5.2				4,429			1,541			4,994
Finance Costs	5.3				2,434			3,365			4,204
Result from exposure to changes in the purchasing power of the currency			)		1,089			(3,532	)		4,623
Result of investments accounted for by the equity method			)		12			(65	)		26
Income before income tax					22,015			35,630			39,418
Income tax	5.4				5,343			(7,357	)		4,489
Income for the period for continuous operations					27,358			28,273			43,907
Net Income for the period					27,358			28,273			43,907
Other comprehensive income					-			-			-
Comprehensive Income for the period					27,358			28,273			43,907
Income per share basic and diluted attributable to shareholders<br> of the Company during the period (shown in per share) from continuous operations					105.8266			109.3672			169.8416

All values are in US Dollars.

The accompanying notes are an integral part of these Condensed Individual Interim Financial Statements and should be read together with the Individual Accounting Statements audited for the year ended at December 31, 2022.

Separate Statements of Financial Position

At June 30, 2023 and December 31, 2022

			06.30.2023
	Note		Millions of
Assets
Non- Current Assets
Investments accounted for by the equity method		6		643
Intangible Assets		7		415,223
Rights of use				770
Other receivables				14,810
Total Non-Current Assets				431,446
Current Assets
Other receivables		9.1		3,059
Trade receivables, net		9.2		14,326
Investments		9.3		1
Cash and cash equivalents		9.4		38,728
Total Current Assets				56,114
Total Assets				487,560
Shareholders’ Equity and Liabilities
Equity attributable to majority shareholders
Common shares				259
Share Premium				137
Capital adjustment				30,719
Legal and facultative reserve				153,606
Retained earnings				28,137
Subtotal				212,858
Liabilities
Non-Current Liabilities
Provisions and other charges		11		3,135
Financial debts		8		175,894
Deferred income tax liabilities				35,464
Lease liabilities				-
Accounts payable and others		9.5		359
Total Non- Current Liabilities				214,852
Current Liabilities
Provisions and other charges		11		9,280
Financial debts		8		18,454
Lease liabilities				595
Accounts payable and others		9.5		24,078
Fee payable to the Argentine National Government		10		7,443
Total Current Liabilities				59,850
Total Liabilities				274,702
Total Shareholder’s Equity and Liabilities				487,560

All values are in US Dollars.

The accompanying notes are an integral part of these Condensed Separate Interim Financial Statements and should be read together with the annual Individual Accounting Statements audited for the year ended at December 31, 2022.

Separate Statements of Changes in Equity

At June 30, 2023 and 2022

	Attributable<br> to majority shareholders
	Common<br> Shares	Preferred<br><br> Shares			Share<br><br> Premium		Adjustment<br><br> of capital			Legal<br><br> Reserve		Facultative<br> <br><br>Reserve			Other<br> <br><br>Reserves		Retained<br><br><br> Earnings			Total
	Millions<br> of
Balance at 01.01.23			-			137		30,719			5,243		147,591			772		28,137			212,858
Resolution of the Meeting of April 26, 2023 (Note<br> 16) - Constitution of reserves			-			-		-			938		27,199			-		(28,137	)		-
Compensation plan			-			-		-			-		-			69		-			69
Net Income for the period			-			-		-			-		-			-		28,273			28,273
Balance at 06.30.2023			-			137		30,719			6,181		174,790			841		28,273			241,200
Balance at 01.01.22			911			137		76,972			5,238		149,515			741		(33,845	)		199,928
Resolutions of the Shareholder’s<br> meeting of March 10,2022 – Redemption of Preferred Shares (Note<br> 15)			(911	)		-		(46,281	)		-		(2,057	)		-		-			(49,249	)
Compensation plan			-			-		-			-		-			8		-			8
Net Income for the period			-			-		-			-		-			-		43,907			43,907
Balance at 06.30.2022			-			137		30,691			5,238		147,458			749		10,062			194,594

All values are in US Dollars.

Separate Statements of Cash Flow

For the six-month periods ended at June 30, 2023 and 2022

			06.30.2023
	Note		Millions of
Cash Flows from operating activities
Net income for the period					43,907
Adjustment for:
Income tax					(4,489	)
Amortization of intangible assets		5/7			11,600
Depreciation right of use		5			461
Bad debts provision		5			(2,306	)
Specific allocation of accrued and unpaid income					2,203
Income of investments accounted for by the equity method		6			(26	)
Compensation plan					8
Accrued and unpaid financial debts interest costs		8			8,655
Accrued deferred revenues and additional consideration		11		)	(1,348	)
Accrued and unpaid Exchange differences				)	(11,428	)
Litigations provision		11			125
Inflation Adjustment				)	(17,239	)
Changes in operating assets and liabilities:
Changes in trade receivables				)	(9,486	)
Changes in other receivables				)	(1,281	)
Changes in commercial accounts payable and others					295
Changes in provisions and other charges				)	182
Changes in specific allocation of income to be paid to the Argentine National State				)	(2,474	)
Increase of intangible assets				)	(9,935	)
Net cash Flow generated by operating activities					7,424
Cash Flow for investing activities
Acquisition of investments				)	(27,199	)
Collection of investments					15,485
Net Cash Flow (applied to) investing activities				)	(11,714	)
Cash Flow from financing activities
New Financial debts		8			60,779
Payment of leases				)	(401	)
Financial debts paid- principal		8		)	(25,667	)
Financial debts paid- interests		8		)	(9,268	)
Payment of debt to the National State		11			(26,782	)
Net Cash Flow (applied to) financing activities				)	(1,339	)
Net decrease in cash and cash equivalents				)	(5,629	)
Changes in cash and cash equivalents
Cash and cash equivalents at the beginning of the period					48,327
Net decrease in cash and cash equivalents				)	(5,629	)
Inflation adjustment generated by cash and cash equivalents					4,974
Foreign Exchange differences by cash and cash equivalents				)	(4,323	)
Cash and cash equivalents at the end of the period					43,349
The main transactions that did not imply movement of funds are detailed below:
Redemption of preferred shares					21,063

All values are in US Dollars.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 1 – COMPANY ACTIVITIES

Hereinafter, the Concession Agreement will be referred to, as modified and supplemented by the memorandum of Agreement and by the Technical Conditions for the Extension, as the Concession Agreement.

In September 2021, based on the detrimental effects that the COVID-19 pandemic had on air traffic, the ORSNA approved the postponement to December 2022 of the following commitments:

(i)	programming of funds for works and rescue of preferred shares $ 406.5 million and
(ii)	regularization of the specific allocation of income owed for 2020.
---	---

To date, the Company has complied with these commitments. Likewise, the ORSNA deferred to June 2023 the necessary adjustment to balance the financial projection of income and expenses.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 1 – COMPANY ACTIVITIES (Contd.)

The Company is analyzing the administrative file in order to establish the course of action to follow.

The current note to the Condensed Interim Financial Statements does not reflect all the information requested in the annual financial statements, as there are no significate differences. It should be read together with the Individual annual Accounting Statements audited for the year ended at December 31, 2022.

NOTE 2 – ACCOUNTING POLICIES

The CNV through Technical Resolutions N° 562/09 and 576/10 has established the application of Technical Resolutions N° 29 and 43 of the FACPCE which adopts the application of IFRS issued by the IASB , for those entities under the public offering regime Law N° 17.811, whether due to capital stock or corporate bonds or because they have requested authorization to list for trading on stock exchanges.

These Condensed Interim Financial Statements of AA2000 for the six-month period ended June 30, 2023 are presented based on the application of the guidelines established in IASB No. 34 “Intermediate Financial Information”. Therefore, they must be read together with the company's consolidated condensed Interim Financial Statements at June 30, 2022 (the “Condensed Consolidated Interim Financial Statements”) and the annual individual and consolidated financial statements as of December 31, 2021 (the “Annual Individual Financial Statements” and the “Annual Consolidated Financial Statements”) prepared in accordance with IFRS, as issued by the IASB and IFRIC Interpretations. (IFRIC for its acronym in English).

1) Comparative Information

The information included in these financial statements has been extracted from the Condensed Individual Interim Financial Statements of AA2000 as of June 30, 2022 and the annual Individual Financial Statements as of December 31, 2022, approved in a timely manner by the Board of Directors and by the Company's Shareholders, and restated to the closing currency of June 30, 2023, depending on the application of IFRIC 29 (see Note 3.7). The Statement of Cash Flows for the period ended June 30, 2022 included cash payments for the redemption of preferred shares (see note 15), which were classified as operating activities instead of financing activities. Therefore, the comparative Statement of Cash Flows for the six-month period ended June 30, 2022 was modified to reflect this change, increasing operating activities and decreasing financing activities for $26,782 within the line of debt payment to the Argentine National Government. Based on the material analysis of quantitative and qualitative factors, it was concluded that this situation does not have a significant effect, individually or jointly, on the financial statements of the prior period.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 2 – ACCOUNTING POLICIES (Contd.)

2) Controlled Companies

Controlled Companies are all the entities where the Company has the power to control operating and financial policies, generally with a controlling share over 50%. At the moment of determining if the Company controls an entity the existence and the impact of potential voting rights that could be exercised or converted are taken into account. The controlled companies are consolidated as from the date the control is transferred and excluded from the date such control ceases.

The accounting policies of subsidiaries have been modified, where necessary, to ensure the uniformity with the Company policies.

At June 30, 2023, AA2000 has participation in the following controlled companies (hereafter the Group):

Controlled ^(1)^				Net<br> Shareholders<br> equity at closing
				Millions of
Servicios y Tecnología Aeroportuarios S.A. ^(2)^	14,398,848	99.30	%			2		555
Cargo & Logistics SA.	1,614,687	98.63	%			(1	)	2
Paoletti América S.A.	6,000	50.00	%			-		-
Texelrío S.A. ^(3)^	120,000	70.00	%		)	(66	)	21
Villalonga Furlong S.A ^(4)^	56,852	1.46	%			-		-

All values are in US Dollars.

(1)	Companies based in Argentina.
(2)	Includes adjustments under IFRS for the preparation and presentation of the corresponding financial statements.
---	---
(3)	Shareholders Equity includes 4,000,000 of preferred shares of AR$1 par value.
---	---
(4)	The Company directly and indirectly owns 98.42% of the capital stock and votes of this entity.
---	---

3) Segment Information

The Argentine National Government granted the Company the concession of the “A” Group airports of the National Airports System under the basis of “cross-subsidies”: i.e., the income and funds generated by some of the airports should subsidize the liabilities and investments of the remaining airports, in order for all airports to be compliant with international standards as explained below.

All airports must comply with measures of operative efficiency which are independent from the revenues and funds they generate. All works performed must follow international standards established by the respective agencies (IATA, OACI, etc.).

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 2 – ACCOUNTING POLICIES (Contd.)

3) Segment Information (Contd.)

The investment decisions are assessed and made with the ORSNA based on the master plans of the airports considering the needs of each airport on the basis of expected passenger flow and air traffic, in the framework of the standards previously mentioned.

4) Accounting policies

The collection policies adopted for these interim financial statements are consistent with those used in the Individual Financial Statements as of December 31, 2022.

5) Changes in accounting policies and disclosures

There were no additional changes in the Group's accounting policies based on the effective application standard issued by the IASB as of January 1, 2023.

6) Estimates

In the preparation of these Financial Statements the significant areas of judgement by management in the application of the Company’s accounting policies and the main areas of assumptions and estimates are consistently as those applied in the Financial Statements for the year ended December 31, 2022.

7) Foreign currency conversion and financialinformation in hyperinflationary economies

Functional and presentation currency

These requirements also correspond to the comparative information of these Individual Separate financial statements.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 2 – ACCOUNTING POLICIES (Contd.)

7) Foreign currency conversion and financialinformation in hyperinflationary economies (Contd.)

Functional and presentation currency (Contd.)

In order to conclude on whether an economy is categorized as hyperinflationary under the terms of IAS 29, the standard details a series of factors to be considered, including the existence of a cumulative inflation rate in three years that approximates or exceed 100%. Taking into account that the accumulated inflation rate of the last three years exceeds 100% and the rest of the indicators do not contradict the conclusion that Argentina should be considered as a hyperinflationary economy for accounting purposes, the Company Management understands that there is sufficient evidence to conclude that Argentina is a hyperinflationary economy under the terms of IAS 29, as of July 1, 2018. Es por esta razón que, de acuerdo con la IAS 29, los presentes Estados Financieros Intermedios Condensados Separados Individuales se encuentran re-expresados reflejando los efectos de la inflación de acuerdo a lo establecido por la norma. It is for this reason that, in accordance with the IAS 29, these Consolidated Financial Statements are restated reflecting the effects of inflation in accordance with the provisions of the standard.

The adjustment for inflation in the initial balances was calculated considering the indexes established by the Argentine Federation of Professional Councils in Economic Sciences (FACPCE) based on the price indexes published by the National Institute of Statistics and Censuses (INDEC). As of June 30, 2023, the price index amounted to 1,731, with inflation for the six-month period of 53% and year-on-year of 118%.

Inflation adjustment

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 2 – ACCOUNTING POLICIES (Contd.)

7) Foreign currency conversion and financialinformation in hyperinflationary economies (Contd.)

Inflation adjustment (Contd.)

The following is a summary of the methodology used for the preparation of these Condensed Individual Interim Financial Statements:

-	Non-monetary assets and liabilities: non-monetary assets and liabilities (property, plant and equipment,<br>intangible assets, right of use, deferred profits and additional allowances) updated by the adjustment coefficients corresponding to the<br>date of acquisition or origin of each of them, as applicable. The income tax derived has been calculated based on the restated value of<br>these assets and liabilities;
-	Monetary assets and liabilities, and monetary position result: monetary assets and liabilities, including<br>balances in foreign currency, by their nature, are presented in terms of purchasing power as of June 30, 2023. The financial result<br>generated by the net monetary position reflects the loss or gain that is obtained by maintaining an active or passive net monetary position<br>in an inflationary period, respectively and is exposed in the line of RECPAM in the Statement of Comprehensive Income;
---	---
-	Equity: the net equity accounts are expressed in constant currency as of June 30, 2023, applying<br>the corresponding adjustment coefficients at their dates of contribution or origin;
---	---
-	Results: the items of the Individual Financial Statements have been restated based on the date on which<br>they accrued or were incurred, with the exception of those associated with non-monetary items (depreciation and amortization expenses),<br>which are presented as a function of the update of the non-monetary items to which they are associated, expressed in constant currency<br>as of June 30, 2023, through the application of the relevant conversion factors.
---	---

The comparative figures have been adjusted for inflation following the same procedure explained in the preceding points.

In the initial application of the adjustment for inflation, the equity accounts were restated as follows:

-	The capital was restated from the date of subscription or from the date of the last adjustment for accounting<br>inflation, whichever happened later. The resulting amount was incorporated into the "Capital adjustment" account.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 2 – ACCOUNTING POLICIES (Contd.)

7) Foreign currency conversion and financialinformation in hyperinflationary economies (Contd.)

Inflation adjustment (Contd.)

-	The other result reserves were not restated in the initial application.

With respect to the evolution notes of non-monetary items for the year, the balance at the beginning includes the adjustment for inflation derived from expressing the initial balance to the currency of current purchasing power.

Transactions and balances

Transactions in foreign currency are translated into the functional currency using the exchange rates prevailing at the transaction dates (or valuation where items are re-measured).

Foreign exchange gains and losses and losses resulting from the settlement of such transactions and from the translation at year-end of the assets and liabilities denominated in foreign currency are recognized in the statement of comprehensive income.

Foreign exchange gains and losses are shown in “Finance Income” and/or “Finance Expense” of the comprehensive statement of income.

Exchange rates used are the following: buying rate for monetary assets and selling rate for monetary liabilities, applicable at year-end according to BNA, and at the foreign currency exchange rate applicable at the transaction date.

8) Contingencies

9) Income tax and Deferred tax - Tax revalued- Tax inflation adjustment

The income tax result for the Six-month period ended June 30, 2023, 2022 was a loss of $7,357 million.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 3 - SALES INCOME

		Three months at			Six months at
		06.30.2023	06.30.2022		06.30.2023		06.30.2022
	Note	Millons of
Air station use rate				19,171		49,239		35,070
Landing fee				1,878		4,006		3,518
Parking fee				760		1,534		1,367
Total aeronautical income				21,809		54,779		39,955
Total non-aeronautical income				20,699		45,292		40,951
Total				42,508		100,071		80,906

All values are in US Dollars.

As of June 30, 2023 and 2022, "over the time" income from contracts with customers for the six-month periods was $82,300 million and $65,492 million, respectively.

NOTE 4 - COSTS OF SALES, ADMINISTRATIVE, DISTRIBUTION,AND SELLING EXPENSES

4.1. Sales Cost

	Three months at			Six months at
	06.30.2023	06.30.2022		06.30.2023		06.30.2022
	Millions of
Specific allocation of income			6,297		14,793		12,002
Airport services and maintenance			5,036		11,891		9,813
Amortization of intangible assets			5,781		10,911		11,523
Salaries and social charges			8,022		15,854		13,949
Fee			52		124		88
Utilities and fees			980		2,008		2,051
Taxes			244		443		483
Office expenses			647		1,499		1,088
Insurance			71		117		141
Depreciation rights of use			233		462		461
Total			27,363		58,102		51,599

All values are in US Dollars.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 4 - COSTS OF SALES, ADMINISTRATIVE, DISTRIBUTION,AND SELLING EXPENSES (Contd.)

4.2. Administration and marketing expenses

	Three months at				Six months at
	06.30.2023	06.30.2022			06.30.2023		06.30.2022
	Millions of
Amortization of intangible assets			1			2		2
Salaries and social charges			62			153		117
Taxes			2,512			5,138		4,505
Office expenses			6			2		6
Advertising			76			136		81
Provision for bad debts			(2,443	)		406		(2,306	)
Total			214			5,837		2,405

All values are in US Dollars.

4.3. Administrative expenses

	Three months at			Six months at
	06.30.2023	06.30.2022		06.30.2023		06.30.2022
	Millions of
Airport services and maintenance			37		123		42
Amortization of intangible assets			43		66		75
Salaries and social charges			964		2,147		1,688
Fee			215		354		371
Utilities and fees			12		6		16
Taxes			475		697		757
Office expenses			114		574		193
Insurance			8		50		19
Fees to the Board of Directors and the Supervisory Committee			30		53		52
Total			1,898		4,070		3,213

All values are in US Dollars.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 5 - OTHER ITEMS OF THE COMPREHENSIVE INCOMESTATEMENT

5.1 Other net incomes and expenses	Three months at					Six months at
	06.30.2023		06.30.2022			06.30.2023			06.30.2022
	Millions of
Trust for Strengthening				1,050			2,465			2,000
Other		)		(46	)		(225	)		(143	)
Total				1,004			2,240			1,857

All values are in US Dollars.

5.2.2 Finance Income	Three months at				Six months at
	06.30.2023		06.30.2022		06.30.2023			06.30.2022
	Millions of
Interest				3,615		4,734			6,138
Foreign Exchange differences		)		814		(3,193	)		(1,144	)
Total				4,429		1,541			4,994

All values are in US Dollars.

5.3 Finance Expenses	Three months at					Six months at
	06.30.2023		06.30.2022			06.30.2023			06.30.2022
	Millions of
Interest		)		(9,486	)		(7,018	)		(20,166	)
Foreign Exchange differences				11,920			10,383			24,370
Total				2,434			3,365			4,204

All values are in US Dollars.

5.4 Income Tax	Three months at			Six months at
	06.30.2023	06.30.2022		06.30.2023			06.30.2022
	Millions of
Deferred			5,343		(7,357	)		4,489
Total			5,343		(7,357	)		4,489

All values are in US Dollars.

NOTE 6 - INVESTMENTS RECORDED BY THE EQUITY METHOD

	06.30.2023
	Millions of
Initial Balance			517
Result of investments accounted for by the equity method		)	26
Balance at June 30			543

All values are in US Dollars.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 7 – INTANGIBLE ASSETS

		06.30.2023
	Note	Millions of
Original values:
Initial Balance				631,048
Acquisitions of the period				9,935
Balance at June 30				640,983
Accumulated Amortization:
Initial Balance			)	(227,404	)
Amortization of the period	5		)	(11,600	)
Balance at June 30			)	(239,004	)
Net balance at June 30				401,979

All values are in US Dollars.

NOTE 8 - FINANCIAL DEBTS

8.1 Changes in financial debt:

	06.30.2023
	Millions of
Initial Balance			190,052
New financial debts			60,779
Financial debts paid		)	(34,935	)
Accrued interest			8,655
Foreign Exchange differences		)	(22,490	)
Inflation adjustment			1,349
Total Net Balance at June 30			203,410

All values are in US Dollars.

8.2 Breakdown of financial debt

	06.30.2023
Non-current Financial Debts	Millions of
Bank borrowings			6,338
Negotiable Obligations			171,359
Cost of issuance of NO		)	(1,803	)
			175,894

All values are in US Dollars.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

	06.30.2023
Current Financial Debts	Millions of
Bank borrowings			5,664
Negotiable Obligations			13,154
Bank overdrafts			-
Cost of issuance of NO		)	(364	)
			18,454
			194,348

All values are in US Dollars.

As of June 30, 2023 and December 31, 2022, the fair value of the financial debt amounts to $180,616 million and $189,661 million, respectively, Said valuation method is classified according to IFRS 13 as hierarchy of fair value Level 2 (unadjusted quoted prices in active markets for identical assets or liabilities).

These Condensed Separate Interim Financial Statements do not include all the information and disclosure on financial debt management required in the annual financial statements, so they must be read together with the audited annual Individual Consolidated Financial Statements as of December 31, 2022.

8.2.1 Negotiable Obligations

Class					Currency
Guaranteed with Maturity<br> in 2027 ^(1) (2)^	02.2017	02.2027	6.875	%		400.0
Class I Series 2020^(1) (2) (3)^	04.2020	02.2027	6.875	%<br> ^(4)^		306.0
Class I Series 2021 and<br> additional ^(1) (2) (3)^	10.2021	08.2031	8.500	%		272.9
Class IV ^(2) (3)^	11.2021	11.2028	9.500	%		62.0
Class III ^(3)^	09.2021	09.2023	4.000	%	(5)	30.5
Class V ^(3)^	02.2022	02.2032	5.500	%	(5)	138.0
Class VI ^(3)^	02.2022	02.2025	2.000	%	(5)	36.0
Class VII ^(3)^	07.2022	07.2025	0.000	%	(5)	20.0
Class IX ^(3)^	08.2022	08.2026	0.000	%	(5)	30.0

All values are in US Dollars.

(2) The present NOs are international.

(3) Issued under the Global Program for the issuance of Negotiable Obligations approved by the CNV on 04,12,2020, They are denominated in United States Dollars but payable in Argentine Pesos at the BCRA Communication Reference "A" 3500 exchange rate.

(4) During the PIK Period (until 05,01,2021) the interest rate was 9,375% per year, period in which the amount of interest was capitalized quarterly, After said period, the interest rate of the NOs is applied.

(5) The reference NOs are denominated in United States Dollars but payable in Argentine Pesos at the BCRA Communication Reference "A" 3500 exchange rate.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 8 - FINANCIAL DEBTS (Contd.)

8.2.2 Bank debt

Institution			^^		Currency
Province of Buenos Aires ^(1)^	04.2019	07.2024	^^	7%	US	3.1	0.7	1.1
Syndicated Loan - Off Shore	11.2019	02.2023	^^	LIBOR + 5.500% ^(5)^	US	35.0	-	2.3
On Shore Renegotiation	11.2021	11.2024	^^	8.500%	US	18.0	13.3	17.8
City Bank	11.2021	11.2023	^^	6.000%	US	5.0	2.0	3.5
ICBC - Dubai Branch	07.2022	03.2024	^^	SOFR+ 7.875%^(5)^	US	10.0	10.0	10.0
Offshore Renegotiation	08.2022	11.2024	^(4)^	BADCOR + 15.50%		402.2	-	402.2
On Shore Renegotiation	08.2022	11.2024	^(4)^	BADCOR + 10.00%		1,953.1	-	1,953.1
Citibank - Overdraft	03.2023	08.2023	^^	76.000%		192.9	192.9	-
Citibank - Overdraft	03.2023	11.2023	^^	76.000%		192.9	192.9	-
Citibank - Overdraft	03.2023	02.2024	^^	76.000%		771.7	771.7	-
Import Financing	05.2023	09.2023	^^	12.900%	US	1.2	1.2	-

All values are in US Dollars.

(1) The loan was granted in four tranches, all of them with the same conditions,

(2) Balances in the currency of origin of the financial instrument, In the case of Argentine pesos, the value is expressed in the homogeneous closing currency,

(3) Pre-paid during March 2023; the bank overdraft was used to cancel them,

(4) Plus applicable tax withholdings

(5) Plus applicable tax withholdings.

(6) During the first year, it accrues interest at a TNA of 8%, moving to a TNA of 9% in the second year.

Syndicated loan

On February 22, 2023, the Company paid the last repayment installment of the Offshore loan for a total of US$ USD 2.3 million.

On March 30, 2023, the Company paid in advance for a total of $1,351 million 100% of the loans denominated in Argentine pesos under the syndicated loan.

Citibank – Overdraft:

Financing of Imports ICBC

The repayment of the principal of the loan was established in a single installment at maturity.

Commitment agreement for the provision offunds Banco Macro S.A.

As of the date of these financial statements, it is not in force.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THECONSOLIDATED STATEMENTS OF FINANCIAL POSITION

9.1.1 Other non-current receivables
		06.30.2023	12.31.2022
	Note	Millions of
Tax credits				-
Trust for Strengthening	10.1			14,810
Total				14,810

All values are in US Dollars.

9.1.2 Other current receivables
		06.30.2023	12.31.2022
	Note	Millions of
Expenses to be recovered				302
Guarantees granted				2
Related parties	10.1			148
Tax credits				2,297
Prepaid Insurance				291
Others				19
Total				3,059

All values are in US Dollars.

9.2 Trade receivables
			06.30.2023		12.31.2022
	Note		Millions of
Trade receivables						16,788
Related parties		10.1				514
Checks-postdated checks						538
Subtotal sales credits						17,840
Provision for bad debts				)		(3,514	)
Total						14,326

All values are in US Dollars.

9.2.1 Changes in Bad Debt Provisions
			06.30.2023		12.31.2022
	Note		Millions of
Initial Balance						13,749
Increases /Recoveries of the period		4.2				(2,305	)
Foreign exchange difference						(3,258	)
Applications of the period				)		(799	)
Inflation adjustment				)		(3,750	)
Provision for bad debts as of June 30						3,637

All values are in US Dollars.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 9 - COMPOSITION OF CERTAIN ITEMS OF THE CONSOLIDATED STATEMENTSOF FINANCIAL POSITION (Contd.)

9.3 Current investments

			06.30.2023
	Note		Millions of
Fix Terms				-
Other Financial Assets		10.1		-
Investments funds				1
Total				1

All values are in US Dollars.

9.4 Cash and cash equivalents

			06.30.2023
	Note		Millions of
Cash and funds in custody				60
Banks		13		32,006
Checks not yet deposited				248
Term deposits and others				6,414
Total				38,728

All values are in US Dollars.

9.5.1 Accounts payable and other non-current

	06.30.2023
	Millions of
Suppliers		359
Total		359

All values are in US Dollars.

9.5.2 Accounts payable and other current

			06.30.2023
	Note		Millions of
Suppliers				13,305
Foreign suppliers				826
Related Parties		10.1		624
Salaries and social security liabilities				8,220
Other fiscal liabilities				1,103
Total				24,078

All values are in US Dollars.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATEDPARTIES

10.1 Balances with other related parties

Balances with other related companies at June 30, 2023 and December 31, 2022 are as follows:

		06.30.2023
Other receivables	Note	Millions of
Other related companies ^(1)^			148
Total			148

All values are in US Dollars.

		06.30.2023
Trade receivables	Note	Millions of
Servicios y Tecnología Aeroportuarios S.A.			24
Other related companies			490
Total			514

All values are in US Dollars.

	06.30.2023
Investments	Millions of
Other related companies ^(1)^		-
Total		-

All values are in US Dollars.

(1) As of June 30, 2023, includes a loan granted on July 9, 2023 to Compañía General de Combustibles S.A. for US$14,5 million with a A,N,R of 4%, The loan is for a term of 6 months with cancellation in a single payment of principal and interest at maturity.

	06.30.2023
Accounts payable and other	Millions of
Servicios y Tecnología Aeroportuarios S.A.		55
Texel Rio S.A.		189
Other related companies		380
Total		624

All values are in US Dollars.

The balances with the Argentine National State as of June 30, 2023 and December 31, 2022 are as follows:

	06.30.2023
	Millions of
Debt - Specific<br> allocation of income		7,443
Credit - Strengthening<br> Trust ^(1)^		14,810

All values are in US Dollars.

(1) To fund the investment commitments of AA2000.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 10 - BALANCES AND TRANSACTIONS WITH RELATEDPARTIES (Contd.)

10.2 Operations with related parties

Transactions with related parties during the six-month periods ended June 30, 2023 and 2022 are as follows:

The Company has allocated to the cost $602 million and $1,403 million, respectively, with Texelrio S.A. for maintenance at airports.

With Proden S.A. for office rental and maintenance, the Company has allocated $456 million and $726 million to the cost, respectively.

The Company has allocated to the cost $550 million and $497 million, respectively, with Grass Master S.A.U. for airport maintenance, Additionally, for the six-month period ended June 30, 2023, the Company has allocated $9 million to intangible assets.

With Tratamientos Integrales América S.A.U. for airport maintenance, the Company has allocated $170 million and $187 million to the cost, respectively.

The Company has allocated to the cost $160 million and $145 million, respectively, with Servicios Integrales América S.A. by out sourcing of systems and technology.

With Compañía de Infraestructura y Construcción S.A. for maintenance at airports, the Company has allocated $646 million to the cost for the period ended June 30, 2023.

With Servicios Aereos Sudamericanos S.A. for aeronautical services, the Company has allocated $159 million to the cost for the period ended June 30, 2023.

The Company has recorded commercial income of $250 million and $185 million, respectively, with Duty Paid S.A.

10.3 Other information about related parties

On the other hand, the short-term compensation corresponding to first-line management amounted to $227 million and $198 million for the six-month periods ended June 30, 2023 and 2022, respectively.

Corporación America S.A. is the direct owner of 45.90% of the common shares of the Company, and an indirect owner through Corporación America Sudamericana S.A. of 29.75% of the common shares of the Company, therefore is the immediate controlling entity of the Company.

Corporacion America S.A. is controlled by Cedicor S.A., owner of 97.2186% of its capital stock, Cedicor is, in turn, the direct holder of 9.35% of the shares with voting rights of the Company, Cedicor S.A., is 100% controlled by American International Airports LLC, which is in turn 100% controlled by Corporación América Airports S.A.

Notes to the CondensedIndividual Interim Financial Statements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 11 – Provisions and other charges

	At<br> 01.01.23										Total<br> Non<br> Current
	Millions<br> of										Millions<br> of
Litigations		138	(232	)	(502	)	-		302	1,092		560
Deferred<br> Income		860	-		(947	)	(1,381	)	829	3,957		2,999
Trust<br> for works		2,233	(3,517	)	(832	)	299		-	1,083		1,083
Guarantees<br> Received		224	(114	)	(150	)	-		126	573		573
Upfront<br> fees from Concessionaires		34	-		-		(115	)	-	1,079		271
Others		2	(657	)	(607	)	143		280	1,047		579
Total		3,491	(4,520	)	(3,038	)	(1,054	)	1,537	8,831		6,065

All values are in US Dollars.

	Note	At<br> 01.01.22	Decreases		Inflation Adjustment		Accruals		Exchange rate differences	At 06.30.22	Total<br> Non<br> Current
		Millions of									Millions of
Litigations		2,096	(162	)	(568	)	-		267	1,758	728
Deferred<br> Income		5,372	-		(600	)	(1,223	)	227	4,181	1,252
Trust<br> for works		6,469	(3,039	)	(1,744	)	917		-	4,048	1,573
Guarantees<br> Received		466	(66	)	(148	)	-		53	438	-
Upfront<br> fees from Concessionaires		746	-		-		(125	)	-	718	563
Dividends<br> to be paid		681	-		(193	)	-		123	611	-
Debt<br> with the Argentine Government	15	-	(26,782	)	(10,035	)	8,631		-	21,063	9,994
Others		1,678	(98	)	(481	)	39		307	1,503	719
Total		17,508	(30,147	)	(13,769	)	8,239		977	34,320	14,829

All values are in US Dollars.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 12 - FOREIGN CURRENCY ASSETS AND LIABILITIES

Item	Foreigncurrency typeand amount at06.30.2023
Assets
Current Assets
Net trade receivables	U$S	30	256.300	7,792	7,163
Investments	U$S	15	256.300	3,716	-
Cash and cash equivalents	U$S	90	256.300	23,130	31,708
Total current assets				34,638	38,871
Total assets				34,638	38,871
Liabilities
Current Liabilities
Provisions and other charges	U$S	2	256.7000	395	622
Financial debts	U$S	73	256.7000	18,843	20,646
Lease liabilities	U$S	1	256.7000	230	595
Commercial accounts payable and others	U$S	7	256.7000	1,856	2,197
	EUR	2	280.4961	473	311
	CAD	0	194.1644	4	-
Total current liabilities				21,801	24,371
Non-Current Liabilities
Provisions and other charges	U$S	4	256.7000	1,084	1,202
Financial debts	U$S	637	256.7000	163,462	176,558
Accounts payable and others	U$S	1	256.7000	321	359
Total non-current liabilities				164,867	178,119
Total liabilities				186,668	202,490
Net liability position				152,030	163,619

NOTE 13 – OTHER RESTRICTED ASSETS

Other than what is mentioned in Note 1 and 6. other receivables in current assets at June 30. 2023 and December 31. 2022 include $1 million and $2 million corresponding to guarantees granted to third parties in connection with lease agreements. Likewise. as of June 30. 2023. and December 31. 2022. under Cash and cash equivalents. there are balances in bank accounts specifically earmarked for the cancellation of Series 2021 and Class IV negotiable obligations for $1,536 million and $1,309 million, respectively.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 14 - CAPITAL STOCK

At June 30. 2023 capital stock is as follows:

	Par Value

Paid-in and subscribed
Registered with the Public Registry of Commerce

All values are in US Dollars.

The Company’s capital stock is comprised of 258,517,299 common shares of $1 par value and entitled to one vote per share.

On March 10. 2022. the redemption of the preferred shares issued by the company and the consequent capital reduction from $1,169,495,813 to $258,517,299 were resolved. Said capital reduction was registered in the Public Registry on September 8. 2022. under number 16,654, of book 109 of Joint Stock Companies.

NOTE 15 - DIVIDENDS BY PREFERRED SHARES (presentedin $ at the currency of the Meeting date)

On February 25, 2022. the AA2000 board resolved:

(i)	redeem all of the outstanding preferred<br> shares, that is 910,978,514 preferred shares;
(ii)	that the redemption price will be the<br> equivalent of: a) the nominal value $910,978,514 adjusted for inflation at the redemption<br> date, that is at the date of the board meeting, which amounts to $16,506, 174,484; plus b)<br> the value of the dividend of the preferred shares accrued for the year 2020, which was not<br> paid in a timely manner due to the non-existence of profits. but which according to the issuance<br> conditions is cumulative. which adjusted for inflation at the redemption date amounts to<br> $330,123,490; plus c) the value of the dividend of the preferred shares accrued for fiscal<br> year 2021 and the proportional dividend for fiscal year 2022 adjusted for inflation until<br> the redemption date $389,421,266. Consequently. the total value of the redemption will amount<br> to $17,225,719,240;
(iii)	that the price be paid as follows:<br> a) the sum of $11,100,000,000 once the capital reduction procedure has been completed and<br> the term for oppositions established in the General Companies Law has elapsed; and b) the<br> balance. before December 31, 2024. with the possibility of making partial payments.<br> Said balance will accrue interest equivalent to the corresponding adjustment for inflation<br> plus two percent per year of the value of the debt; and
(iv)	that from the redemption of the preferred<br> shares. although the preferred shares will participate in the shareholders' meeting that<br> resolves their cancellation. the amount to be redeemed will be accounted for in social liabilities.

The adjustment of the preferred shares to be redeemed was made in compliance with the provisions of General Resolution No. 777/18 of the CNV.

In turn. it resolved to call an extraordinary general meeting for March 10. 2022 in order to approve the redemption of the preferred shares. the reduction of the capital stock and the reform of article 2.01 of the bylaws.

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 15 - DIVIDENDS BY PREFERRED SHARES (presented in $ at thecurrency of the Meeting date) (Contd.)

At the meeting held on March 10. 2022. it was resolved to approve the redemption of the preferred shares in the terms approved by the board of directors and:

(i)	Reduce the capital stock of Aeropuertos Argentina<br> 2000 S.A. from one thousand one hundred sixty-nine million four hundred ninety-five thousand<br> eight hundred thirteen pesos ($1,169,495,813) to two hundred fifty-eight million five hundred<br> seventeen thousand two hundred ninety-nine pesos ($258,517,299), that is for the sum of nine<br> hundred ten million nine hundred seventy-eight thousand five hundred fourteen pesos ($910,978,514),<br> canceling 910,978,514 shares owned by the National State;
(ii)	Set the value of the shares canceled as<br> a result of the capital reduction at eighteen pesos 9090/1000 ($18.9090) per share.
(iii)	Affect for the payment of the shares the<br> amount of capital stock, plus the capital adjustment that corresponds to the preferred shares.<br> and for the difference to be paid. affect the “optional reserves” account.
(iv)	Reform article 2.01 of the corporate bylaws.<br> which was worded as follows: “2.01. The evolution of the capital stock will appear<br> in the balance sheets of the company as it results from the increases registered in the Public<br> Registry. The capital stock is represented by 79,105,489 book-entry common shares class A<br> subclass R. 79,105,489 common book-entry shares class B subclass R. 61,526,492 common book-entry<br> shares class C subclass R. 38,779,829 common book-entry shares class D. and by subclass L<br> book-entry ordinary shares that are issued under the public offering system”.

In the months of April. June and August 2022. the corresponding payments were made in order to cancel the total debt with the National State.

NOTE 16 – RESOLUTIONS OF SHAREHOLDERS’ORDINARY AND SPECIAL MEETING OF CLASS A. B. C AND D SPECIAL OF PREFERRED SHARES OF AEROPUERTOS ARGENTINA 2000 S.A. HELD ON APRIL28. 2022 AND APRIL 26. 2023 (presented in $ at the currency of the Meeting date)

In the ordinary general meeting. special class A. B. C and D shares and extraordinary. held on April 28. 2022. it was resolved that the negative result of the year of $2,548,150, be transferred to the next year. In turn, it was reported that in accordance with the resolution of the company's extraordinary general meeting of shareholders held on March 10, 2022. all of the outstanding preferred shares were redeemed. that is. 910,978,514 preferred shares. issued in under the provisions of the extraordinary general meeting held on March 6, 2008 and in clause 14 and annex VII of the Concession Agreement Adequacy Agreement Minutes. Consequently, the payment of dividends for said shares does not correspond.

Finally, in the ordinary and special general meeting of classes A, B, C and D of shares, held on April 26, 2023, it was resolved that the positive result of $40,638,030,971 which. after absorbing the accumulated losses of the previous year for an amount of $22,199,777,489, amounted to $18,438,253,482, have the following destination:

(i)	$614,780,045 to constitute the legal reserve,<br> up to 20% of the capital stock plus the capital adjustment; and

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

(ii)	the balance of $17,823,473,437 to establish<br> an optional reserve for the execution of future works plans and to guarantee the payment<br> of future dividends. if applicable.

NOTE 17 – EARNINGS PER SHARE

Relevant information for the calculation per share:


Income for the period (in millions of )	28,273	43,907
Amount of ordinary shares (millions)	259	259
Earnings per shares ( per share)	109.3672	169.8416

All values are in US Dollars.

NOTE 18- FINANCIAL RISK MANAGEMENT

The Company is exposed by its activities to several financial risks: market risk (including risk of exchange rate. risk of fair value due to interest rate and price risk). credit risk and liquidity risk.

These Condensed Consolidated Interim Financial Statements do not include all the information on financial risk management requested in the annual financial statements. thus they should be read together with the Consolidated Financial Statements audited at December 31. 2022.

On April 20. 2023. in relation to the provision of certain services. the requirement of prior BCRA approval for access to the MULC was incorporated within 60 calendar days from the date of approval of the declaration of the System for Imports of the Argentine Republic and Payments for Foreign Services (“SIRASE”). This requirement is not applicable in the event of: (i) payment by performing an exchange and/or arbitration against a local account in foreign currency; (ii) access simultaneously with the liquidation of a new financial indebtedness abroad for which the entire capital matures after the indicated term; and (iii) access with funds originated in a financing of imports of services granted by a local financial entity from a commercial line of credit abroad and when the entire capital of the financing matures after the indicated term.

Regarding the operation of stock market assets. the period for not concluding operations with securities issued under foreign law is extended to 180 calendar days and the period for not concluding operations with securities issued under Argentine law is maintained at 90 days. to be presented in the affidavits for access to the MULC.

On July 24. 2023. the NEP issued Decree No. 377/2023. which establishes taxation with a “PAIS Tax” of all new operations involving the purchase of foreign currency for the payment of obligations for imports of certain services and goods. namely: i) Services acquired abroad or in the country when provided by non-residents: the 25% rate will be applicable; ii) Freight services and other transport services for import or export operations of goods. the rate of 7.5% will be applicable; and iii) Import of goods: the rate of 7.5% will be applicable with some exceptions: a. Certain goods with specific tariff items; b. Inputs and intermediate goods directly linked to the basic food basket as established by the Ministry of Economy. through the Secretariats with competence in the

Notes to the Condensed Individual Interim FinancialStatements

At June 30, 2023 presented in comparative format (Contd.)

NOTE 18- FINANCIAL RISK MANAGEMENT

matter and the AFIP; and c. Assets related to power generation. under the terms established by the Ministry of Energy. The AFIP is empowered to establish a 95% payment because under the terms and conditions established by said body. Financial entities must act as tax collection and settlement agents. This measure came into effect on 07.24.2023. taking effect for purchase operations of banknotes and foreign currency carried out from that date. inclusive. As of the date of these financial statements. the Company is analyzing the impact of the standard issued.

NOTE 19 - EVENTS SUBSEQUENT TO THE END OFTHE YEAR

On July 5. 2023. within the framework of the Global Negotiable Obligations Issuance Program. AA2000 issued additional Class IX ONs for US$ 2.7 with an issue price of 119% of face value.

On July 5. 2023. within the framework of the Global Negotiable Obligations Issuance Program. AA2000 issued Class X of NO for US$ 25 million, maturing on July 5. 2025. interest rate of 0% annual nominal and with an issue price of 110.65% of the nominal value.

The NOs were exclusively paid in kind according to the exchange ratio of US$ 0.9065 face value of Class X NO for US$ 1 face value of Class III NO.

The amortization of the principal of the negotiable obligations was established in a single installment at maturity. which will be payable at the exchange rate of Reference Communication "A" 3500 of the BCRA.

On July 27. a loan for the sum of US$10 million was granted to Servicios y Tecnología Aeroportuarios S.A. It will accrue compensatory interest at a NAR of 4%. Principal and interest will be paid in a single installment due on December 20. 2023.

Beyond the aforementioned, there have been no events and/or transactions that could significantly affect the equity and financial situation of the Company after the end of the period.

“Free translation from the original inSpanish for publication in Argentina”

REPORT ON REVIEW OF SEPARATE CONDENSED INTERIM FINANCIAL STATEMENTS

To the Shareholders, Chairman and Directors of

Aeropuertos Argentina 2000 S.A.

Legal address: Honduras 5663

Autonomous City of Buenos Aires

Tax Code: 30-69617058-0

Report on the separate condensed interim financial statements

Introduction

We have reviewed the accompanying separate condensed interim financial statements of Aeropuertos Argentina 2000 S.A. (hereinafter "the Company"), which comprise the separate statement of financial position as of June 30, 2023, the separate statements of comprehensive income for the periods of three and six months ended June 30, 2023, the separate statements of changes in equity and cash flows for the six-month period ended June 30, 2023 and selected explanatory notes.

Board Responsibility

The Board of Directors of the Company is responsible for the preparation and presentation of the financial statements in accordance with the International Financial Reporting Standards, adopted by the Argentine Federation of Professional Councils of Economic Sciences (FACPCE) as professional accounting standards and incorporated by the National Securities Commission (CNV) to its regulations, as approved by the International Accounting Standards Board (IASB) and, therefore, is responsible for the preparation and presentation of the separate condensed interim financial statements mentioned in the first paragraph in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34).

Scope of review

Our responsibility is to express a conclusion on these separate condensed interim financial statements based on the review we have performed, which was performed in accordance with the International Standard for Review Engagements NIER 2410 "Review of interim financial information developed by the entity's independent auditor", which was adopted as a review standard in Argentina through Technique Resolution FACPCE No. 33 as approved by the International Auditing and Assurance Standards Board (IAASB). A review of separate condensed interim financial statements consists of making inquiries primarily of personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially narrower in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not allow us to be confident that we have identified all significant matters that might be noted in an audit. Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that would cause us to believe that the separate condensed interim financial statements mentioned in the first paragraph of this report are not prepared, in all material respects, in accordance with the International Standard of Accounting 34.

Price Waterhouse & Co. S.R.L., Bouchard 557, 8^th^ floor, C1106ABG - City of Buenos Aires

T: +(54.11) 4850.0000, www.pwc.com/ar

“Free translation from the original inSpanish for publication in Argentina”

Report on the compliance with current regulations

In compliance with current provisions, we report, with respect to Aeropuertos Argentina 2000 S.A., that:

a)	the separate condensed interim financial<br> statements of Aeropuertos Argentina 2000 S.A. are pending to be recorded in the book Inventories<br> and Balance Sheets;
b)	the separate condensed interim financial<br> statements of Aeropuertos Argentina 2000 S.A. arise from accounting records kept in their<br> formal aspects in accordance with legal regulations, except for their lack of transcription<br> in the book Inventories and Balance Sheets;
---	---
c)	As of June 30, 2023, the debt accrued<br> in favor of the Integrated Argentine Pension System of Aeropuertos Argentina 2000 S.A. that<br> arises from the accounting records and settlements of the Company amounted to $1,005,699,097,<br> not being payable as of that date.
---	---

Autonomous City of Buenos Aires, August 9, 2023.

PRICE<br>WATERHOUSE & CO. S.R.L.
by (Partner)
Juan Manuel Gallego<br> Tinto

SURVEILLANCE COMMITTEE REPORT

To the shareholders of

AEROPUERTOS ARGENTINA 2000 S.A.

In accordance with the requirements of the Article 294 Subsection 5º of Act No. 19,550 and the Article 63 Subsection b) of the BYMA Regulations (Argentine Stock and Market), we have conducted the review described in the third paragraph regarding the separate condensed interim individual financial statements of Aeropuertos Argentina 2000 S.A. (the “Company”), including the separate statement of financial position as of June 30, 2023, the separate statements of comprehensive income, of changes in equity and of cash flows for the six-month period then ended and the selected explanatory notes.

The Board of Directors of the Company is responsible for the preparation and issuance of said financial statements, in exercise of its specific functions.

In order to carry out our professional work, we have taken into account the limited review report of the external auditor, Juan Manuel Gallego Tinto (partner of Price Waterhouse & Co. SRL), dated August 9, 2023, who states that it has been issued in accordance with the International Standards for Review Engagements NIER 2410 2410 "Review of interim financial information developed by the entity's independent auditor", which were adopted as review standards in Argentina by Technical Pronouncement No. 33 of the Argentine Federation of Professional Councils in Economic Sciences (FACPCE) as approved by the International Auditing and Assurance Standards Board (IAASB).

Based on our review, with the scope described above, we hereby inform that the separate condensed interim financial statements of Aeropuertos Argentina 2000 S.A. as of June 30, 2023 consider all significant events and circumstances that are known to us, they arise from the accounting records kept in their formal aspects in accordance with legal regulations, except for the fact that they are pending to be copied in the "Inventories and Balance Sheets" book; and regarding said documents we have no other observations to make.

Autonomous City of Buenos Aires, August 9, 2023.

Patricio A. Martin

By Surveillance Committee