c107548

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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of November, 2012

Commission File Number: 001-12102

YPF Sociedad Anónima
(Exact name of registrant as specified in its charter)

Macacha Güemes 515
C1106BKK Buenos Aires, Argentina
(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):
Yes              No    X   

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):
Yes              No    X   

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YPF Sociedad Anónima

TABLE OF CONTENTS

Item
  
 
1
 Translation of third quarter 2012 consolidated results.

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YPF S.A.

Consolidated Results
Q3 2012

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Consolidated Results Q3 2012

CONTENT

1. MAIN MILESTONES AND ECONOMIC MAGNITUDES OF THE THIRD QUARTER 2012
2. ANALYSIS OF OPERATING RESULTS
2.1 UPSTREAM
2.2 REFINING AND MARKETING
2.3 CHEMICAL
2.4 CORPORATE
3. TABLES
3.1 CONSOLIDATED STATEMENT OF INCOME
3.2 CONSOLIDATED BALANCE SHEET
3.3 CONSOLIDATED STATEMENT OF CASH FLOWS
3.4 MAIN PHYSICAL MAGNITUDES (unaudited)

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Consolidated Results Q3 2012

Operating income in the third quarter of 2012 reached ARS 1,794 million

Q3
2011
Q2
2012
Q3
2012
Var.%
Q312/Q311
Third Quarter 2012 Results
Jan-Sept
2011
Jan-Sept
2012
Var.%
2012/2011
Amounts expressed in million of Argentine pesos
15,017
16,084
17,378
15.7%
Sales
41,299
48,312
17.0%
                             
2,606
1,859
1,794
-31.2%
Operating income
6,655
6,155
-7.5%
                             
1,543
833
756
-51.0%
Net income
3,910
2,883
-26.3%
                             
2,046
1,837
1,980
-3.2%
Comprehensive Income
5,141
5,779
12.4%
                             
4,462
4,118
4,449
-0.3%
EBITDA
11,834
13,014
10.0%
                             
3.92
2.12
1.92
-51.0%
Earnings per share ARS
9.94
7.33
-26.3%
                             
3,612
3,412
4,129
14.3%
Capital Expenditures
8,146
9,673
18.7%

Note: Unaudited figures. Information In accordance with International Financial Reporting Standards (IFRS)
EBITDA = Net Income+ net interest + income tax + depreciation of fixed assets

1. MAIN MILESTONES AND ECONOMIC MAGNITUDES OF THE THIRD QUARTER 2012

Revenues were ARS 17,378 million in the third quarter of 2012, 15.7% above the third quarter of 2011. This increase was the result of higher prices in liquid fuels and the delivery of higher volumes of fuel oil.

Cost of sales during the third quarter of 2012 was 26.3% higher than in the same period in 2011. This increase is mainly explained by the increase in production costs. Purchases of the period were similar to those observed in the third quarter of 2011, showing a slight decline of approximately 1%, as a result of lower imports of gasoline and diesel and a decrease in the purchases of crude oil from third parties in the local market, that were offset by higher prices, mainly of crude oil.

Operating income was ARS 1,794 million in the third quarter of 2012, 31.2% lower than in the same period of 2011. This decrease was mainly driven by the operating income of our affiliated companies that was of ARS -104 million in this period, representing a decrease of ARS 314 million with respect to the same period in 2011.

Net income for the period was ARS 756 million, 51% lower than in the same period of 2011. It reflects the effect of recording deferred tax liability with an impact of ARS 408 million in the quarter. The comprehensive income, which considers the effects of the application of IFRS accounting standards, reached ARS 1,980 million, 3.2% below the third quarter of 2011.

Total capital expenditures reached ARS 4,129 million in the third quarter of 2012, outpacing those in the third quarter of 2011 by 14.3%. This increase was mainly driven by an increase in the value and greater activity in the Upstream business.

For the nine month period ended September 30, 2012, total capex reached ARS 9,673 million, outpacing those of the same period of 2011 by 18.7%. This increase was mainly driven by an increase in capex in the Upstream business and also due to the progress and completions of Downstream projects.

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Consolidated Results Q3 2012

2. ANALYSIS OF OPERATING RESULTS

2.1 UPSTREAM

Q3
2011
Q2
2012
Q3
2012
Var.%
Q312/Q311
(Unaudited Figures)
Jan-Sept
2011
Jan-Sept
2012
Var.%
2012/2011
1,055
  
1,377
1,043
-1.1%
Operating income*
(MARS)
  
3,472
4,410
27.0%
                             
6,183
  
7,963
8,587
38.9%
Net Sales
(MARS)
  
18,194
24,515
34.7%
                             
228.0
  
227.2
229.3
0.6%
Crude oil production
(Kbbld)
  
217.9
228.1
4.7%
                             
44.2
  
41.9
40.5
-8.4%
NGL production
(Kbbld)
  
47.2
45.7
-3.2%
                             
34.9
  
34.0
34.3
-1.7%
Gas production
(Mm3d)
  
34.6
33.6
-2.9%
                             
491.8
  
483.1
485.2
-1.3%
Total production
(Kboed)
  
482.5
485.2
0.6%
                             
60
  
174
176
193.3%
Exploration costs
(MARS)
  
384
464
20.8%
                             
2,676
  
2,434
2,921
9.1%
Capital Expenditures
(MARS)
  
6,225
7,027
12.9%
                             
1,484
  
1,657
1,909
28.6%
Depreciation
(MARS)
  
4,033
5,101
26.5%
 
International Prices
  
113.2
  
108.4
109.6
-3.2%
Brent**
(USD/bbl)
  
111.9
112.2
0.3%
4.1
  
2.4
2.8
-30.9%
Gas Henry Hub**
(USD/Mmbtu)
  
4.2
2.6
-38.2%
 
Realization Prices
  
60.8
  
70.4
70.4
15.8%
Crude oil prices
in domestic market
Period average (USD/bbl)
  
57.3
70.2
22.5%
1.77
  
1.86
1.67
-5.6%
Average gas price
(USD/Mmbtu)
  
2.23
2.04
-8.5%

* In accordance with International Financial Reporting Standards (IFRS). It Includes affiliate companies.
** Source: Reuters
MARS: million of ARS

Upstream operating income was ARS 1,043 million, only 1.1% lower than the third quarter of 2011, despite the negative impact of ARS 272 million in the operating income of the affiliate companies versus the third quarter of 2011, which includes, among others, the exploration expenses of the Jaguar offshore well drilled in Guyana that had negative results.

The decrease in the operating income was principally due to the fact that higher revenues were more than offset by an increase in the operating costs and negative results from affiliate companies. Higher revenues were fueled by a constant adjustment of crude oil prices in the domestic market. The increase in operating costs was generated by higher operation services and other service contracts, repair and maintenance, higher payment of royalties to provinces (due to higher wellhead price and production increase) and heavier depreciations.

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Consolidated Results Q3 2012

As a consequence of negotiations between producers and refining companies, the price of crude oil in the local market improved by 15.8%, to 70.4 USD/bbl. As for natural gas, average sales price was 1.67 USD/Mmbtu, 5.6% below that for the third quarter of 2011, mainly due to a different sales mix.

As a consequence of greater activity, production of crude oil increased by 0.6% compared to third quarter of 2011, reaching 229.3 Kbbld, LNG production was 40.5 Kbbld during the third quarter, 8.4% below the third quarter of 2011, due to a lower volume of gas processed in our separation plants. As for natural gas, production reached 34.3 Mm3d in the third quarter of 2012, 1.7% lower than for the same period in 2011. Total hydrocarbon production was 485.2 Kboed in the third quarter of this year, compared to 491.8 Kboed for same period last year. Both natural gas and crude production during the third quarter 2012 slightly exceeded production projected in the strategic plan presented by the company in August 2012.

The 9-month cumulative hydrocarbon production as of September 2012 was 485.2 Kboed, 0.6% higher than for the same period in 2011. In the same period there was an increase in the oil production of 4.7%, offset by a decrease in the gas production of 2.9%.

Exploration costs for the third quarter of 2012 rose by 193.3 % to reach ARS 176 million mainly due to the ARS 90 million cost incurred in the drilling of the Jaguar well, as described above, where YPF holds a 30% interest.

The third quarter results of the affiliate companies (controlled and non-controlled) in Upstream, including mainly YPF Holdings, YPF International, Mega, Pluspetrol and YPF Oil Services, was ARS -236 million compared to a ARS 36 million result in the third quarter of 2011, basically on account of the exploration expenses mentioned before and the results of Mega, which were affected by higher provision expenses in connection with higher tariffs for the purchase and transportation of natural gas in accordance with Resolutions 1982/2011 and 1991/2011 of ENARGAS.

Cumulative results

Cumulative operating income for the nine months ended September 30, 2012 was ARS 4,410 million, 27% higher than for the same period in 2011. This increase was mainly driven by the price adjustment in crude oil and stronger production levels recorded during the 2012 period.

Capex

Capex in Upstream was ARS 2,921 million in the third quarter of 2012, outpacing those for same period of 2011 by 9.1%.

Within conventional activity during the third quarter of 2012, capex related to increasing recovery factors continued in the areas of Zona Central and Catriel, in the Neuquina basin and in Las Heras and Manantiales Behr, in the Golfo San Jorge basin. Additionally, development and appraisal activities continued in the Vaca Muerta formation, basically in the area of Loma la Lata, in the Neuquina basin.

Upstream accumulated capex for the nine-month period ended September 30, 2012 was ARS 7,027 million, 12.9% higher than same nine-month period in 2011, basically due to greater activity in Neuquina basin both in development of conventional areas, and in unconventional exploration and development, where up to date more than 65 wells were drilled and over 50 were completed.

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Consolidated Results Q3 2012

2.2 REFINING AND MARKETING

Q3
2011
Q2
2012
Q3
2012
Var.%
Q312/Q311
( Unaudited Figures)
Jan-Sept
2011
Jan-Sept
2012
Var.%
2012/2011
1,330
750
624
-53.1%
Operating income*
(MARS)
  
3,288
2,242
-31.8%
                             
13,666
14,459
15,609
14.2%
Net Sales
(MARS)
  
35,903
43,186
20.3%
                             
4,180
3,868
4,215
0.8%
Sales of petroleum products
in domestic market
(Km3)
  
11,706
11,704
0.0%
                             
375
405
344
-8.3%
Exportation of petroleum
products
(Km3)
  
1,355
1,122
-17.2%
                             
305
289
306
0.3%
Crude oil processed
(Kbbld)
  
291
287
-1.4%
                             
95%
90%
96%
Refinery utilization
(%)
  
91%
90%
                             
696
735
875
25.7%
Capital Expenditures
(MARS)
  
1,377
1,975
43.4%
                             
180
199
255
41.5%
Depreciation
(MARS)
  
523
644
23.2%
                             
613
677
672
9.7%
Average domestic market
gasoline price
(USD/m3)
  
568
660
16.1%
                             
667
769
763
14.4%
Average domestic market diesel
price
(USD/m3)
  
612
752
23.0%
                             

* In accordance with International Financial Reporting Standards (IFRS). It includes affiliate companies.
MARS: Millions of ARS

Operating income in Refining and Marketing for the third quarter of 2012 was ARS 624 million, 53.1% below that for the third quarter of 2011.

Lower operating income was mainly explained by a higher purchase price of crude oil (approximately ARS 1,900 million), an increase in purchase of biofuels (FAME and bioethanol) that are mixed with the company's diesel and gasoline production and hikes in transport and freight costs. As for revenues, there was an increase of approximately 14.2% as a consequence of a price increase in products sold in the local market (liquid fuels, fuel oil and lubricants) and the larger volumes of deliveries of refined products (0.8% higher than in the third quarter of 2011). With regards to exports, there was an 8.3% drop in operating income, mainly in petrochemical naphtha and LPG.

The volume of crude oil processed in the quarter was 306 Kbbld, similar to the level in the third quarter of 2011, following the pattern of crude oil production.

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Consolidated Results Q3 2012

The third quarter results of affiliate companies within this segment, including mainly OPESSA and Refinor, was ARS 82 million, a 5% increase compared to the third quarter of 2011.

Cumulative results

Cumulative operating income for the nine months ended September 30, 2012 was ARS 2,242 million, 31.8% lower than the level reached in the first nine months of 2011. Higher operating revenues did not offset the negative impact generated by stronger crude oil purchases and heavier operating costs.

Capex

Capex in Refining and Marketing segment in the quarter was ARS 875 million, 25.7% above that for the same quarter of 2011. The increase was mainly based on the start up of the desulphurization projects at Lujan de Cuyo and La Plata refineries to improve the quality of refined products and the progress of the coke unit replacement in the La Plata refinery.

Additionally, cumulative capex in the Refining and Marketing segment for the nine months ended September 30, 2012 was ARS 1,975 million, 43.4% higher than in same period of 2011, mainly as a consequence of the progress achieved in the projects mentioned above.

2.3 CHEMICALS

Q3
2011
Q2
2012
Q3
2012
Var.%
Q312/Q311
( Unaudited Figures)
Jan-Sept
2011
Jan-Sept
2012
Var.%
´2012/2011
  
 
 
354
192
361
2.0%
Operating income*
834
787
-5.6%
  
(MARS)
 
 
1,136
831
1,216
7.1%
Net Sales
3,059
3,233
5.7%
  
(MARS)
 
 
 
220
199
189
-14.2%
Sales of petrochemical products
644
611
-5.1%
  
in domestic market (**)
 
(Ktn)
 
                             
87
53
78
-10.3%
Exportation of
271
209
-22.9%
  
petrochemical products
 
(Ktn)
 
 
 
 
172
194
281
63.4%
Capital Expenditures
413
531
28.6%
  
(MARS)
 
 
 
 
19
31
41
115.2%
Depreciation
61
99
62.9%
  
(MARS)
 

* In accordance with International Financial Reporting Standards (IFRS). It Includes affiliate companies.
** It does not include sales of fertilizers since they are included in the Refining and Marketing business.
MARS: Millions of ARS

Operating income in Chemicals for the third quarter of 2012 was ARS 361 million, 2% above that for the third quarter of 2011.

Higher operating income of the quarter is mainly due to an increase in the results of Profertil, which reached ARS 158 million, 27% above that of the third quarter of 2011. Moreover, it is important to mention that during the quarter we achieved higher revenues as a consequence of higher average chemical prices which were partially offset with the decrease of approximately 14.2% in domestic sales volumes compared to the third quarter of 2011.

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Consolidated Results Q3 2012

Cumulative results

Cumulative operating income for the nine months ended September 30, 2012 was ARS 787 million, 5.6% lower than the level reached in the first nine months of 2011. The reason is that income increase fell short of offsetting stronger purchases to Refining and gas to E&P as well as Profertil’s lower results.

CAPEX

Capex in Chemicals in the quarter was ARS 281 million, 63.4% above that for same quarter of 2011.

Additionally, cumulative capex in the chemicals segment for the nine months ended September 30, 2012, were ARS 531 million, above that of same period of 2011 by 28.6% mainly as a consequence of the advances in the CCR project, which will increase gasoline production capacity at our chemical complex in Ensenada.

2.4 CORPORATE

This business segment mainly involves running costs and other activities that are not reported against the business units previously mentioned.

Corporate net costs for the third quarter were ARS 234 million, ARS 101 million more than for the same period in 2011. This cost increase was mainly generated by salary increase and charges related to IT licenses and other outsourced services. Also, results yielded by the controlled company A-Evangelista S.A were ARS 79 million lower, compared to same quarter of 2011 because of the recognition of lower margins in long-term developments.

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Consolidated Results Q3 2012

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Consolidated Results Q3 2012

3.1 CONSOLIDATED STATEMENT OF INCOME
 YPF SOCIEDAD ANONIMA AND CONTROLLED COMPANIES
(Unaudited figures in millions of Argentine pesos)

Q3
2011
Q2
2012
Q3
2012
Var.%
Q312/Q311
 
Jan-Sept
2011
Jan-Sept
2012
Var.%
´2012/2011
15,017
16,084
17,378
15.7%
Revenues
  
41,299
48,312
17.0%
(10,770)
(12,112)
(13,603)
26.3%
Costs of sales
  
(29,299)
(36,129)
23.3%
 
4,247
3,972
3,775
-11.1%
Gross profit
  
12,000
12,183
1.5%
 
(1,347)
(1,432)
(1,362)
1.1%
Selling expenses
  
(4,041)
(4,022)
-0.5%
(420)
(529)
(522)
24.2%
Administration expenses
  
(1,292)
(1,530)
18.4%
(60)
(174)
(176)
193.3%
Exploration expenses
  
(384)
(464)
20.8%
Other expenses, net and income
  
186
22
79
-57.5%
on investments in companies
  
372
(12)
-103.2%
 
2,606
1,859
1,794
-31.2%
Operating income
  
6,655
6,155
-7.5%
 
(73)
59
35
-147.9%
Financial income (expenses), net
  
(128)
(61)
-52.3%
(990)
(1,085)
(1,073)
8.4%
Income tax
  
(2,617)
(3,211)
22.7%
 
1,543
833
756
-51.0%
Net income for the period
  
3,910
2,883
-26.3%
 
Earnings per share, basic and
  
3.92
2.12
1.92
-51.0%
diluted
  
9.94
7.33
-26.3%
 
503
1,004
1,224
143.3%
Other comprehensive Income
  
1,231
2,896
135.3%
 
Total comprehensive income
  
2,046
1,837
1,980
-3.2%
for the period
  
5,141
5,779
12.4%
 
4,462
4,118
4,449
-0.3%
EBITDA
  
11,834
13,014
10.0%
 
       
Note: Information In accordance with International Financial Reporting Standards (IFRS).
     
       
EBITDA = Net Income+ net interest + income tax + depreciation of fixed assets
      

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Consolidated Results Q3 2012

3.2 CONSOLIDATED BALANCE SHEET
YPF SOCIEDAD ANONIMA AND CONTROLLED COMPANIES
(Unaudited figures in millions of Argentine pesos)

  12/31/2011   09/30/2012  
 
 
 
Noncurrent Assets
 
Intangible assets
1,300
1,412
  
Fixed assets
43,788
50,851
  
Investments in companies
2,013
2,075
  
Deferred income tax assets
30
98
  
Other receivables and advances
882
858
  
Trade receivables
22
17
  
 
 
   Total Non-current assets
48,035
55,311
  
 
 
Current Assets
 
Inventories
6,006
7,060
  
Other receivables and advances
2,788
2,663
  
Trade receivables
3,315
4,355
  
Cash and equivalents
1,112
978
  
 
 
   Total current assets
13,221
15,056
  
 
 
   Total assets
61,256
70,367
  
 
 
Shareholders’ Equity
 
Shareholders’ contributions
10,674
10,674
  
Reserves and unnapropiated retained earnings
12,746
18,525
  
 
 
Total Shareholders’ Equity
23,420
29,199
  
 
 
Noncurrent Liabilities
 
Provisions
9,206
10,045
  
Deferred income tax liabilities
2,724
3,757
  
Other taxes payable
136
106
  
Salaries and social security
38
36
  
Loans
4,435
2,574
  
Accounts payable
326
344
  
 
 
   Total Noncurrent Liabilities
16,865
16,862
  
 
 
 
 
Current Liabilities
 
Provisions
965
842
  
Income tax liability
-
722
  
Other taxes payable
511
926
  
Salaries and social security
537
724
  
Loans
7,763
9,510
  
Accounts payable
11,195
11,582
  
 
 
   Total Current Liabilities
20,971
24,306
  
 
 
   Total Liabilities
37,836
41,168
  
 
 
   Total Liabilities and Shareholders’
61,256
70,367
  
 
 
   
Note: Information In accordance with International Financial Reporting Standards (IFRS).
  

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Consolidated Results Q3 2012

3.3 CONSOLIDATED STATEMENT OF CASH FLOWS
YPF SOCIEDAD ANONIMA AND CONTROLLED COMPANIES
(Unaudited figures in millions of Argentine pesos)

Q3
2011
Q2
2012
Q3
2012
    Jan-Sept
2011		   Jan-Sept
2012		  
     
Cash Flows from operating activities
  
1,543
833
756
Net income  
3,910
2,883
 
   
Adjustments to reconcile net income to cash flows provided by operating activities:  
(186)
11
(106)
Income from investments in companies  
(484)
(98)
1,722
1,925
2,246
Depreciation of fixed assets  
4,731
5,961
15
34
37
Amortization of intangible assets  
43
102
192
311
326
Consumption of materials and fixed assets and intangible assets retired, net of provisions  
678
846
299
224
525
Net increase in provisions  
948
1,309
642
(23)
(757)
Changes in assets and liabilities  
(1,099)
(356)
48
130
5
Dividends from investments in companies  
299
135
161
474
452
Net charge of income tax payment  
(762)
1,779
   
4,436
3,919
3,484
   Net cash flows provided by operating activities  
8,264
12,561
   
Cash flows used in investing activities Payments for investments:  
(3,179)
(3,490)
(4,071)
Acquisitions of fixed assets and Intangible assets  
(7,792)
(11,379)
   
(3,179)
(3,490)
(4,071)
   Net cash flows used in investing activities  
(7,792)
(11,379)
   
Cash flows (used in) provided by financing activities  
(4,143)
(8,059)
(6,689)
Payment of loans  
(11,234)
(22,377)
(108)
(199)
(200)
Payment of interests  
(296)
(584)
3,999
7,379
7,962
Proceeds from loans  
13,335
21,592
-
-
-
Payments of dividends  
(2,753)
-
   
 
(252)
(879)
1,073
   Net cash flows (used in) provided by financing activities  
(948)
(1,369)
 
53
8
32
Effect of changes in exchange rates on cash and equivalents  
98
53
   
1,058
(442)
518
Increase (Decrease) in Cash and Equivalents  
(378)
(134)
   
890
902
460
Cash and equivalents at the beginning of year  
2,326
1,112
1,948
460
978
Cash and equivalents at the end of year  
1,948
978
   
1,058
(442)
518
Increase (Decrease) in Cash and Equivalents  
(378)
(134)
   
COMPONENTS OF CASH AND EQUIVALENT AT THE END OF THE PERIOD  
645
302
413
   Cash  
645
413
 
   
 
1,303
158
565
   Other Financial Assets  
1,303
565
   
1,948
460
978
TOTAL CASH AND EQUIVALENTS AT THE END OF THE PERIOD  
1,948
978
 
                       
Note: Information In accordance with International Financial Reporting Standards (IFRS).
  

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Consolidated Results Q3 2012

3.4 MAIN PHYSICAL MAGNITUDES (unaudited figures)

    2011   2012  
  Unit Cum. Cum.  
    Q1   Q2   Q3   2011   Q1   Q2   Q3   2012  
 
Upstream
                                  
 
Crude oil production
Kbbl
21,787
16,731
20,974
59,492
20,738
20,678
21,091
62,508
  
NGL production
Kbbl
4,794
4,012
4,066
12,872
4,975
3,816
3,722
12,512
  
Gas production
Mm3
3,163
3,061
3,212
9,436
2,964
3,095
3,153
9,211
  
Total production
Kbpe
46,476
39,995
45,241
131,710
44,352
43,958
44,642
132,952
  
 
Downstream
 
 
Sales of petroleum products
 
Domestic market
 
   Gasoline
Km3
984
887
986
2,857
1,029
921
1,053
3,003
  
   Diesel
Km3
2,054
2,154
2,180
6,388
1,910
1,971
2,075
5,956
  
   Jet fuel and kerosene
Km3
108
92
106
306
109
107
112
328
  
   Fuel Oil
Km3
57
29
235
321
8
229
332
569
  
   LPG
Km3
195
237
278
710
196
266
252
714
  
   Others*
Km3
345
384
395
1,124
369
374
391
1,134
  
Total domestic market
Km3
3,743
3,783
4,180
11,706
3,621
3,868
4,215
11,704
  
Export market
 
   Petrocuemical naphta
Km3
96
136
51
284
37
109
7
153
  
   Jet fuel and kerosene
Km3
145
126
127
398
139
125
130
394
  
   LPG
Km3
85
76
40
200
8
17
28
53
  
   Bunker (Diesel and Fuel Oil)
Km3
171
123
146
440
175
142
160
477
  
   Others*
Km3
10
12
11
34
14
12
19
45
  
Total export market
Km3
507
473
375
1,355
373
405
344
1,122
  
Total sales of petroleum products
Km3
4,250
4,256
4,555
13,061
3,994
4,273
4,559
12,826
  
 
Sales of petrochemical products
 
   Fertilizers
Ktn
35
90
120
245
18
56
61
136
  
   Methanol
Ktn
54
103
47
204
80
77
63
220
  
   Others
Ktn
149
118
173
440
143
122
126
391
  
Total domestic market
Ktn
238
311
340
889
241
255
250
747
  
Export market
 
   Methanol
Ktn
31
0
0
31
0
0
0
1
  
   Others
Ktn
103
50
87
241
77
53
78
208
  
Total export market
Ktn
134
50
87
271
77
53
78
209
  
Total sales of petrochemical products
Ktn
372
361
427
1,161
318
308
328
956
  
 
Sales of other products
 
Grain, flours and oils
 
Domestic market
Ktn
12
29
209
250
157
260
165
583
  
Export market
Ktn
28
150
86
264
1
3
41
45
  
Total Grain, flours and oils
Ktn
40
179
295
514
158
263
206
628
  
 

* Includes mainly sales of oil and base lubricants, greases, asphalts, coke coal and others.

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Consolidated Results Q3 2012

This document contains statements that YPF believes constitute forward-looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995.

These forward-looking statements may include statements regarding the intent, belief, plans, current expectations or objectives of YPF and its management, including statements with respect to YPF's future financial condition, financial, operating, reserve replacement and other ratios, results of operations, business strategy, geographic concentration, business concentration, production and marketed volumes and reserves, as well as YPF's plans, expectations or objectives with respect to future capital expenditures, investments, expansion and other projects, exploration activities, ownership interests, divestments, cost savings and dividend payout policies. These forward-looking statements may also include assumptions regarding future economic and other conditions, such as future crude oil and other prices, refining and marketing margins and exchange rates. These statements are not guarantees of future performance, prices, margins, exchange rates or other events and are subject to material risks, uncertainties, changes and other factors which may be beyond YPF's control or may be difficult to predict.

YPF's actual future financial condition, financial ratios, operating, reserve replacement and other ratios, results of operations, business strategy, geographic concentration, business concentration, production and marketed volumes, reserves, capital expenditures, investments, expansion and other projects, exploration activities, ownership interests, divestments, cost savings and dividend payout policies, as well as actual future economic and other conditions, such as future crude oil and other prices, refining margins and exchange rates, could differ materially from those expressed or implied in any such forward-looking statements. Important factors that could cause such differences include, but are not limited to, oil, gas and other price fluctuations, supply and demand levels, currency fluctuations, exploration, drilling and production results, changes in reserves estimates, success in partnering with third parties, loss of market share, industry competition, environmental risks, physical risks, the risks of doing business in developing countries, legislative, tax, legal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, wars and acts of terrorism, natural disasters, project delays or advancements and lack of approvals, as well as those factors described in the filings made by YPF and its affiliates with the Securities and Exchange Commission, in particular, those described in “Item 3. Key Information-Risk Factors” and “Item 5. Operating and Financial Review and Prospects” in YPF's Annual Report on Form 20-F for the fiscal year ended December 31, 2011 filed with the US Securities and Exchange Commission. In light of the foregoing, the forward-looking statements included in this document may not occur.

Except as required by law, YPF does not undertake to publicly update or revise these forward-looking statements even if experience or future changes make it clear that the projected performance, conditions or events expressed or implied therein will not be realized.

These materials do not constitute an offer for sale of YPF S.A. bonds, shares or ADRs in the United States or otherwise.

The information contained herein has been prepared to assist interested parties in making their own evaluations of YPF.

 

 

 

 

 

 

 

 

Investors Relations

E-mail: inversoresypf@ypf.com   

Website: www.ypf.com

Macacha Güemes 515

C1106BKK Buenos Aires (Argentina)

Phone: 54 11 5441 2911

Fax: 54 11 5441 2113

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SIGNATURE

     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.

 
YPF Sociedad Anónima
     
     
Date: November 7, 2012 By: /s/ Gabriel E. Abalos
   
  Name: Gabriel E. Abalos
  Title: Market Relations Officer