Tenaris SA
F:TW1
Balance Sheet
Balance Sheet Decomposition
Tenaris SA
Tenaris SA
Balance Sheet
Tenaris SA
| Dec-2001 | Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
214
|
305
|
248
|
312
|
707
|
1 372
|
962
|
1 539
|
1 543
|
844
|
824
|
828
|
218
|
232
|
183
|
309
|
217
|
241
|
1 285
|
216
|
273
|
572
|
594
|
675
|
|
| Cash |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
203
|
285
|
123
|
121
|
101
|
93
|
151
|
81
|
118
|
118
|
167
|
149
|
370
|
291
|
|
| Cash Equivalents |
214
|
305
|
248
|
312
|
707
|
1 372
|
962
|
1 539
|
1 543
|
844
|
621
|
543
|
95
|
111
|
82
|
216
|
66
|
160
|
1 167
|
98
|
106
|
423
|
223
|
384
|
|
| Short-Term Investments |
0
|
0
|
138
|
120
|
120
|
184
|
88
|
46
|
580
|
676
|
431
|
644
|
1 624
|
2 024
|
2 245
|
1 724
|
1 306
|
675
|
480
|
1 241
|
443
|
958
|
3 014
|
2 373
|
|
| Total Receivables |
546
|
653
|
653
|
1 032
|
1 427
|
2 101
|
1 992
|
2 325
|
1 735
|
1 895
|
2 238
|
2 426
|
2 277
|
2 360
|
1 414
|
1 179
|
1 433
|
1 976
|
1 581
|
1 151
|
1 544
|
2 863
|
2 848
|
2 405
|
|
| Accounts Receivables |
546
|
653
|
653
|
937
|
1 324
|
1 898
|
1 749
|
2 123
|
1 310
|
1 422
|
1 962
|
2 137
|
2 053
|
1 963
|
1 163
|
971
|
1 239
|
1 761
|
1 365
|
983
|
1 316
|
2 535
|
2 529
|
1 994
|
|
| Other Receivables |
0
|
0
|
0
|
95
|
102
|
203
|
243
|
202
|
425
|
474
|
276
|
290
|
224
|
397
|
251
|
208
|
194
|
216
|
216
|
168
|
228
|
327
|
318
|
411
|
|
| Inventory |
736
|
680
|
832
|
1 269
|
1 376
|
2 372
|
2 599
|
3 091
|
1 687
|
2 460
|
2 806
|
2 986
|
2 703
|
2 780
|
1 843
|
1 564
|
2 368
|
2 524
|
2 266
|
1 637
|
2 673
|
3 987
|
3 921
|
3 710
|
|
| Other Current Assets |
124
|
173
|
165
|
279
|
143
|
0
|
222
|
251
|
77
|
80
|
94
|
102
|
82
|
0
|
59
|
41
|
57
|
47
|
59
|
43
|
48
|
89
|
128
|
72
|
|
| Total Current Assets |
1 619
|
1 811
|
2 036
|
3 012
|
3 773
|
6 029
|
5 863
|
7 252
|
5 622
|
5 956
|
6 393
|
6 987
|
6 904
|
7 396
|
5 743
|
4 817
|
5 381
|
5 464
|
5 671
|
4 288
|
4 981
|
8 469
|
10 504
|
9 236
|
|
| PP&E Net |
1 971
|
1 934
|
1 960
|
2 165
|
2 230
|
2 939
|
3 269
|
2 983
|
3 255
|
3 781
|
4 054
|
4 435
|
4 674
|
5 160
|
5 672
|
6 002
|
6 229
|
6 064
|
6 323
|
6 435
|
5 934
|
5 668
|
6 210
|
6 270
|
|
| PP&E Gross |
1 971
|
1 934
|
1 960
|
2 165
|
2 230
|
2 939
|
3 269
|
2 983
|
3 255
|
3 781
|
4 054
|
4 435
|
4 674
|
0
|
5 672
|
6 002
|
6 229
|
6 064
|
6 323
|
6 435
|
5 934
|
5 668
|
6 210
|
6 270
|
|
| Accumulated Depreciation |
3 309
|
3 415
|
3 587
|
3 797
|
3 945
|
4 185
|
4 503
|
4 415
|
4 633
|
4 922
|
5 053
|
5 341
|
5 717
|
0
|
6 131
|
6 425
|
7 018
|
7 358
|
7 789
|
8 397
|
8 787
|
8 916
|
9 364
|
9 760
|
|
| Intangible Assets |
48
|
33
|
54
|
49
|
159
|
2 844
|
2 393
|
2 022
|
1 866
|
1 777
|
1 570
|
1 393
|
1 260
|
2 758
|
810
|
570
|
368
|
178
|
241
|
343
|
288
|
247
|
273
|
268
|
|
| Goodwill |
0
|
0
|
0
|
0
|
0
|
0
|
2 149
|
1 805
|
1 805
|
1 805
|
1 806
|
1 807
|
1 807
|
0
|
1 334
|
1 293
|
1 292
|
1 288
|
1 320
|
1 086
|
1 085
|
1 085
|
1 104
|
1 090
|
|
| Note Receivable |
20
|
17
|
60
|
151
|
66
|
41
|
64
|
83
|
102
|
120
|
133
|
107
|
94
|
262
|
139
|
170
|
165
|
141
|
147
|
145
|
188
|
171
|
152
|
159
|
|
| Long-Term Investments |
155
|
174
|
69
|
124
|
283
|
450
|
545
|
565
|
637
|
715
|
673
|
980
|
915
|
645
|
885
|
807
|
769
|
924
|
905
|
1 204
|
1 704
|
1 661
|
2 014
|
2 549
|
|
| Other Long-Term Assets |
24
|
114
|
131
|
161
|
195
|
292
|
962
|
390
|
198
|
211
|
235
|
251
|
277
|
290
|
304
|
344
|
193
|
193
|
235
|
215
|
271
|
250
|
824
|
878
|
|
| Other Assets |
0
|
0
|
0
|
0
|
0
|
0
|
2 149
|
1 805
|
1 805
|
1 805
|
1 806
|
1 807
|
1 807
|
0
|
1 334
|
1 293
|
1 292
|
1 288
|
1 320
|
1 086
|
1 085
|
1 085
|
1 104
|
1 090
|
|
| Total Assets |
3 838
N/A
|
4 082
+6%
|
4 310
+6%
|
5 662
+31%
|
6 706
+18%
|
12 595
+88%
|
15 245
+21%
|
15 101
-1%
|
13 483
-11%
|
14 364
+7%
|
14 864
+3%
|
15 960
+7%
|
15 931
0%
|
16 511
+4%
|
14 887
-10%
|
14 003
-6%
|
14 398
+3%
|
14 251
-1%
|
14 843
+4%
|
13 716
-8%
|
14 449
+5%
|
17 550
+21%
|
21 082
+20%
|
20 450
-3%
|
|
| Liabilities | |||||||||||||||||||||||||
| Accounts Payable |
424
|
483
|
460
|
592
|
625
|
838
|
848
|
897
|
556
|
818
|
902
|
883
|
835
|
832
|
504
|
557
|
751
|
694
|
556
|
462
|
845
|
1 179
|
1 108
|
880
|
|
| Accrued Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
226
|
261
|
207
|
0
|
174
|
126
|
142
|
148
|
153
|
175
|
175
|
225
|
301
|
270
|
|
| Short-Term Debt |
372
|
394
|
459
|
839
|
332
|
793
|
1 150
|
1 736
|
791
|
24
|
9
|
56
|
16
|
0
|
0
|
1
|
0
|
2
|
0
|
0
|
0
|
0
|
21
|
14
|
|
| Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
1 000
|
772
|
1 156
|
669
|
968
|
748
|
807
|
931
|
508
|
819
|
347
|
254
|
711
|
552
|
456
|
|
| Other Current Liabilities |
288
|
326
|
410
|
569
|
742
|
1 133
|
1 062
|
1 157
|
622
|
536
|
495
|
473
|
393
|
803
|
329
|
222
|
247
|
367
|
252
|
182
|
286
|
673
|
920
|
1 016
|
|
| Total Current Liabilities |
1 085
|
1 203
|
1 329
|
2 000
|
1 699
|
2 766
|
3 061
|
3 790
|
1 970
|
2 379
|
2 404
|
2 829
|
2 120
|
2 603
|
1 755
|
1 713
|
2 071
|
1 718
|
1 780
|
1 166
|
1 560
|
2 788
|
2 902
|
2 637
|
|
| Long-Term Debt |
393
|
322
|
375
|
421
|
678
|
2 857
|
2 869
|
1 241
|
655
|
221
|
150
|
532
|
246
|
31
|
223
|
32
|
35
|
29
|
233
|
530
|
194
|
130
|
145
|
112
|
|
| Deferred Income Tax |
263
|
500
|
418
|
372
|
353
|
992
|
1 234
|
1 054
|
861
|
934
|
829
|
731
|
751
|
714
|
750
|
551
|
458
|
379
|
337
|
255
|
275
|
269
|
632
|
504
|
|
| Minority Interest |
919
|
187
|
120
|
165
|
268
|
363
|
524
|
525
|
629
|
648
|
667
|
172
|
179
|
152
|
153
|
126
|
99
|
93
|
197
|
184
|
145
|
129
|
187
|
221
|
|
| Other Liabilities |
303
|
176
|
226
|
209
|
200
|
279
|
550
|
314
|
276
|
280
|
309
|
368
|
344
|
357
|
293
|
295
|
254
|
249
|
306
|
319
|
315
|
328
|
373
|
384
|
|
| Total Liabilities |
2 963
N/A
|
2 388
-19%
|
2 468
+3%
|
3 166
+28%
|
3 198
+1%
|
7 257
+127%
|
8 238
+14%
|
6 924
-16%
|
4 391
-37%
|
4 462
+2%
|
4 357
-2%
|
4 632
+6%
|
3 641
-21%
|
3 857
+6%
|
3 174
-18%
|
2 716
-14%
|
2 916
+7%
|
2 468
-15%
|
2 854
+16%
|
2 453
-14%
|
2 489
+1%
|
3 645
+46%
|
4 239
+16%
|
3 857
-9%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
0
|
1 161
|
1 180
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 163
|
|
| Retained Earnings |
0
|
417
|
721
|
736
|
1 777
|
3 544
|
4 950
|
6 610
|
7 272
|
8 004
|
8 927
|
9 855
|
10 907
|
11 522
|
10 930
|
10 463
|
10 516
|
10 912
|
11 156
|
10 431
|
11 221
|
13 254
|
16 257
|
17 287
|
|
| Additional Paid In Capital |
0
|
587
|
609
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
610
|
|
| Treasury Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
214
|
1 356
|
|
| Other Equity |
875
|
471
|
669
|
30
|
60
|
4
|
266
|
224
|
30
|
108
|
211
|
317
|
407
|
658
|
1 007
|
966
|
824
|
919
|
957
|
958
|
1 051
|
1 139
|
990
|
1 111
|
|
| Total Equity |
875
N/A
|
1 694
+94%
|
1 841
+9%
|
2 496
+36%
|
3 508
+41%
|
5 339
+52%
|
7 006
+31%
|
8 177
+17%
|
9 092
+11%
|
9 902
+9%
|
10 506
+6%
|
11 328
+8%
|
12 290
+8%
|
12 654
+3%
|
11 713
-7%
|
11 287
-4%
|
11 482
+2%
|
11 783
+3%
|
11 989
+2%
|
11 263
-6%
|
11 961
+6%
|
13 906
+16%
|
16 843
+21%
|
16 593
-1%
|
|
| Total Liabilities & Equity |
3 838
N/A
|
4 082
+6%
|
4 310
+6%
|
5 662
+31%
|
6 706
+18%
|
12 595
+88%
|
15 245
+21%
|
15 101
-1%
|
13 483
-11%
|
14 364
+7%
|
14 864
+3%
|
15 960
+7%
|
15 931
0%
|
16 511
+4%
|
14 887
-10%
|
14 003
-6%
|
14 398
+3%
|
14 251
-1%
|
14 843
+4%
|
13 716
-8%
|
14 449
+5%
|
17 550
+21%
|
21 082
+20%
|
20 450
-3%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
1 161
|
1 161
|
1 167
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 181
|
1 168
|
1 084
|
|