2022 Q4 Form 20-F Financial Statement
#000155485523000209 Filed on March 31, 2023
Income Statement
| Concept | 2022 Q4 | 2022 | 2021 |
|---|---|---|---|
| Revenue | $3.620B | $11.76B | $6.521B |
| YoY Change | 75.98% | 80.37% | 26.71% |
| Cost Of Revenue | $2.064B | $7.088B | $4.599B |
| YoY Change | 47.39% | 54.12% | 12.51% |
| Gross Profit | $1.556B | $4.675B | $1.922B |
| YoY Change | 136.95% | 143.17% | 81.46% |
| Gross Profit Margin | 42.99% | 39.74% | 29.48% |
| Selling, General & Admin | $454.5M | $1.635B | $1.063B |
| YoY Change | 46.05% | 53.76% | 8.29% |
| % of Gross Profit | 29.2% | 34.97% | 55.3% |
| Research & Development | $50.70M | $45.30M | |
| YoY Change | 11.92% | 8.37% | |
| % of Gross Profit | 1.08% | 2.36% | |
| Depreciation & Amortization | $229.3M | $607.7M | $594.7M |
| YoY Change | 50.67% | 2.19% | -12.39% |
| % of Gross Profit | 14.73% | 13.0% | 30.94% |
| Operating Expenses | $466.5M | $1.635B | $1.136B |
| YoY Change | 42.91% | 43.9% | 3.27% |
| Operating Profit | $1.090B | $3.040B | $786.4M |
| YoY Change | 229.85% | 286.58% | -2033.62% |
| Interest Expense | $30.22M | $242.8M | $536.3M |
| YoY Change | -77.66% | -54.73% | 1002.74% |
| % of Operating Profit | 2.77% | 7.99% | 68.2% |
| Other Income/Expense, Net | $18.13M | -$40.12M | -$1.026M |
| YoY Change | -7981.3% | 3810.33% | -35.47% |
| Pretax Income | $1.061B | $3.166B | $1.243B |
| YoY Change | 159.9% | 154.75% | -300.68% |
| Income Tax | $258.2M | $617.2M | $189.4M |
| % Of Pretax Income | 24.33% | 19.5% | 15.24% |
| Net Earnings | $807.3M | $2.553B | $1.100B |
| YoY Change | 118.17% | 132.08% | -273.42% |
| Net Earnings / Revenue | 22.3% | 21.71% | 16.87% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | $0.68 | $2.16 | $931.9K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 1.181B shares | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q4 | 2022 | 2021 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $1.530B | $1.530B | $716.0M |
| YoY Change | 113.69% | 113.69% | -50.87% |
| Cash & Equivalents | $1.092B | $1.092B | $105.7M |
| Short-Term Investments | $438.4M | $438.4M | $442.8M |
| Other Short-Term Assets | $30.81M | $30.81M | $65.51M |
| YoY Change | 627.39% | -52.98% | 14.46% |
| Inventory | $3.987B | $3.987B | $2.673B |
| Prepaid Expenses | |||
| Receivables | $2.494B | $2.494B | $1.299B |
| Other Receivables | $426.9M | $426.9M | $228.0M |
| Total Short-Term Assets | $8.469B | $8.469B | $4.981B |
| YoY Change | 70.01% | 70.01% | 16.17% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $5.668B | $5.668B | $5.934B |
| YoY Change | -4.48% | -4.48% | -7.79% |
| Goodwill | $1.085B | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $1.661B | $1.661B | $1.704B |
| YoY Change | -2.55% | -2.55% | 41.48% |
| Other Assets | $208.9M | $208.9M | $270.6M |
| YoY Change | -17.32% | -22.82% | 25.9% |
| Total Long-Term Assets | $9.082B | $9.082B | $9.468B |
| YoY Change | -4.08% | -4.08% | 0.42% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $8.469B | $8.469B | $4.981B |
| Total Long-Term Assets | $9.082B | $9.082B | $9.468B |
| Total Assets | $17.55B | $17.55B | $14.45B |
| YoY Change | 21.46% | 21.46% | 5.35% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $1.179B | $1.179B | $845.3M |
| YoY Change | 39.54% | 39.54% | 82.91% |
| Accrued Expenses | $224.6M | $174.8M | |
| YoY Change | 28.51% | -0.22% | |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $94.00K | $94.00K | $60.00K |
| YoY Change | 56.67% | 56.67% | -38.78% |
| Long-Term Debt Due | $710.9M | $710.9M | $254.0M |
| YoY Change | 179.84% | 179.84% | -26.72% |
| Total Short-Term Liabilities | $2.788B | $2.788B | $1.560B |
| YoY Change | 78.79% | 78.79% | 33.71% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $130.0M | $130.0M | $194.1M |
| YoY Change | -33.01% | -33.01% | -63.34% |
| Other Long-Term Liabilities | $328.3M | $328.3M | $315.2M |
| YoY Change | 4.13% | 4.13% | -1.13% |
| Total Long-Term Liabilities | $458.3M | $458.3M | $509.4M |
| YoY Change | -10.02% | -10.02% | -39.96% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.788B | $2.788B | $1.560B |
| Total Long-Term Liabilities | $458.3M | $458.3M | $509.4M |
| Total Liabilities | $3.645B | $3.645B | $2.489B |
| YoY Change | 46.43% | 46.43% | 1.45% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $13.91B | $13.91B | $11.96B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $17.55B | $17.55B | $14.45B |
| YoY Change | 21.46% | 21.46% | 5.35% |
Cashflow Statement
| Concept | 2022 Q4 | 2022 | 2021 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $807.3M | $2.553B | $1.100B |
| YoY Change | 118.17% | 132.08% | -273.42% |
| Depreciation, Depletion And Amortization | $229.3M | $607.7M | $594.7M |
| YoY Change | 50.67% | 2.19% | -12.39% |
| Cash From Operating Activities | $523.9M | $1.167B | $119.1M |
| YoY Change | 1038.26% | 880.24% | -92.17% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $120.8M | $397.3M | -$244.6M |
| YoY Change | -274.24% | -262.45% | 25.85% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $60.44M | $233.8M | $512.5M |
| YoY Change | -64.71% | -54.38% | -127.0% |
| Cash From Investing Activities | -$60.31M | -$163.6M | $267.9M |
| YoY Change | -159.15% | -161.05% | -112.8% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -351.1M | -178.3M | -648.0M |
| YoY Change | 2.52% | -72.48% | 72.64% |
| NET CHANGE | |||
| Cash From Operating Activities | 523.9M | 1.167B | 119.1M |
| Cash From Investing Activities | -60.31M | -163.6M | 267.9M |
| Cash From Financing Activities | -351.1M | -178.3M | -648.0M |
| Net Change In Cash | 112.5M | 825.3M | -261.0M |
| YoY Change | -157.85% | -416.23% | -72.45% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $523.9M | $1.167B | $119.1M |
| Capital Expenditures | $120.8M | $397.3M | -$244.6M |
| Free Cash Flow | $403.2M | $769.9M | $363.7M |
| YoY Change | 249.59% | 111.7% | -78.79% |
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| CY2022 | ts |
Other Comprehensive Income Loss Net Of Tax Exchange Differences On Translation Attributable To Nonconsolidated Companies
OtherComprehensiveIncomeLossNetOfTaxExchangeDifferencesOnTranslationAttributableToNonconsolidatedCompanies
|
-7336000 | usd |
| CY2021 | ts |
Other Comprehensive Income Loss Net Of Tax Exchange Differences On Translation Attributable To Nonconsolidated Companies
OtherComprehensiveIncomeLossNetOfTaxExchangeDifferencesOnTranslationAttributableToNonconsolidatedCompanies
|
11085000 | usd |
| CY2020 | ts |
Other Comprehensive Income Loss Net Of Tax Exchange Differences On Translation Attributable To Nonconsolidated Companies
OtherComprehensiveIncomeLossNetOfTaxExchangeDifferencesOnTranslationAttributableToNonconsolidatedCompanies
|
31977000 | usd |
| CY2022 | ts |
Other Comprehensive Income Net Of Tax Cash Flow Hedges And Others Attributable To Nonconsolidated Companies
OtherComprehensiveIncomeNetOfTaxCashFlowHedgesAndOthersAttributableToNonconsolidatedCompanies
|
1435000 | usd |
| CY2021 | ts |
Other Comprehensive Income Net Of Tax Cash Flow Hedges And Others Attributable To Nonconsolidated Companies
OtherComprehensiveIncomeNetOfTaxCashFlowHedgesAndOthersAttributableToNonconsolidatedCompanies
|
13000 | usd |
| CY2020 | ts |
Other Comprehensive Income Net Of Tax Cash Flow Hedges And Others Attributable To Nonconsolidated Companies
OtherComprehensiveIncomeNetOfTaxCashFlowHedgesAndOthersAttributableToNonconsolidatedCompanies
|
792000 | usd |
| CY2022 | ifrs-full |
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax
|
-91377000 | usd |
| CY2021 | ifrs-full |
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax
|
-95714000 | usd |
| CY2020 | ifrs-full |
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax
|
-7469000 | usd |
| CY2022 | ifrs-full |
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
|
13577000 | usd |
| CY2021 | ifrs-full |
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
|
14648000 | usd |
| CY2020 | ifrs-full |
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Plans
OtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
|
-4971000 | usd |
| CY2022 | ifrs-full |
Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss
|
2673000 | usd |
| CY2021 | ifrs-full |
Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss
|
5137000 | usd |
| CY2020 | ifrs-full |
Income Tax Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLoss
|
-770000 | usd |
| CY2022 | ifrs-full |
Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax
|
3588000 | usd |
| CY2021 | ifrs-full |
Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax
|
3829000 | usd |
| CY2020 | ifrs-full |
Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax
|
634000 | usd |
| CY2022 | ifrs-full |
Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax
|
14492000 | usd |
| CY2021 | ifrs-full |
Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax
|
13340000 | usd |
| CY2020 | ifrs-full |
Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Of Tax
OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax
|
-3567000 | usd |
| CY2022 | ifrs-full |
Other Comprehensive Income
OtherComprehensiveIncome
|
-76885000 | usd |
| CY2021 | ifrs-full |
Other Comprehensive Income
OtherComprehensiveIncome
|
-82374000 | usd |
| CY2020 | ifrs-full |
Other Comprehensive Income
OtherComprehensiveIncome
|
-11036000 | usd |
| CY2022 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
2471816000 | usd |
| CY2021 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
970944000 | usd |
| CY2020 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
-653453000 | usd |
| CY2022 | ifrs-full |
Comprehensive Income Attributable To Owners Of Parent
ComprehensiveIncomeAttributableToOwnersOfParent
|
2476373000 | usd |
| CY2021 | ifrs-full |
Comprehensive Income Attributable To Owners Of Parent
ComprehensiveIncomeAttributableToOwnersOfParent
|
1016434000 | usd |
| CY2020 | ifrs-full |
Comprehensive Income Attributable To Owners Of Parent
ComprehensiveIncomeAttributableToOwnersOfParent
|
-643435000 | usd |
| CY2022 | ifrs-full |
Comprehensive Income Attributable To Noncontrolling Interests
ComprehensiveIncomeAttributableToNoncontrollingInterests
|
-4557000 | usd |
| CY2021 | ifrs-full |
Comprehensive Income Attributable To Noncontrolling Interests
ComprehensiveIncomeAttributableToNoncontrollingInterests
|
-45490000 | usd |
| CY2020 | ifrs-full |
Comprehensive Income Attributable To Noncontrolling Interests
ComprehensiveIncomeAttributableToNoncontrollingInterests
|
-10018000 | usd |
| CY2022 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
2471816000 | usd |
| CY2021 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
970944000 | usd |
| CY2020 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
-653453000 | usd |
| CY2022Q4 | ifrs-full |
Property Plant And Equipment
PropertyPlantAndEquipment
|
5556263000 | usd |
| CY2021Q4 | ifrs-full |
Property Plant And Equipment
PropertyPlantAndEquipment
|
5824801000 | usd |
| CY2022Q4 | ifrs-full |
Intangible Assets And Goodwill
IntangibleAssetsAndGoodwill
|
1332508000 | usd |
| CY2021Q4 | ifrs-full |
Intangible Assets And Goodwill
IntangibleAssetsAndGoodwill
|
1372176000 | usd |
| CY2022Q4 | ifrs-full |
Rightofuse Assets
RightofuseAssets
|
111741000 | usd |
| CY2021Q4 | ifrs-full |
Rightofuse Assets
RightofuseAssets
|
108738000 | usd |
| CY2022Q4 | ifrs-full |
Investments In Subsidiaries Joint Ventures And Associates
InvestmentsInSubsidiariesJointVenturesAndAssociates
|
1540646000 | usd |
| CY2021Q4 | ifrs-full |
Investments In Subsidiaries Joint Ventures And Associates
InvestmentsInSubsidiariesJointVenturesAndAssociates
|
1383774000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Investments Other Than Investments Accounted For Using Equity Method
NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
|
119902000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Investments Other Than Investments Accounted For Using Equity Method
NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
|
320254000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Derivative Financial Assets
NoncurrentDerivativeFinancialAssets
|
usd | |
| CY2021Q4 | ifrs-full |
Noncurrent Derivative Financial Assets
NoncurrentDerivativeFinancialAssets
|
7080000 | usd |
| CY2022Q4 | ifrs-full |
Deferred Tax Assets
DeferredTaxAssets
|
208870000 | usd |
| CY2021Q4 | ifrs-full |
Deferred Tax Assets
DeferredTaxAssets
|
245547000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Receivables
NoncurrentReceivables
|
211720000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Assets
NoncurrentAssets
|
9081650000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Receivables
NoncurrentReceivables
|
205888000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Assets
NoncurrentAssets
|
9468258000 | usd |
| CY2022Q4 | ifrs-full |
Inventories
Inventories
|
3986929000 | usd |
| CY2021Q4 | ifrs-full |
Inventories
Inventories
|
2672593000 | usd |
| CY2022Q4 | ifrs-full |
Current Prepayments And Other Current Assets
CurrentPrepaymentsAndOtherCurrentAssets
|
183811000 | usd |
| CY2021Q4 | ifrs-full |
Current Prepayments And Other Current Assets
CurrentPrepaymentsAndOtherCurrentAssets
|
96276000 | usd |
| CY2022Q4 | ifrs-full |
Current Tax Assets Current
CurrentTaxAssetsCurrent
|
243136000 | usd |
| CY2021Q4 | ifrs-full |
Current Tax Assets Current
CurrentTaxAssetsCurrent
|
193021000 | usd |
| CY2022Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
2493940000 | usd |
| CY2021Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
1299072000 | usd |
| CY2022Q4 | ifrs-full |
Current Derivative Financial Assets
CurrentDerivativeFinancialAssets
|
30805000 | usd |
| CY2021Q4 | ifrs-full |
Current Derivative Financial Assets
CurrentDerivativeFinancialAssets
|
4235000 | usd |
| CY2022Q4 | ifrs-full |
Current Investments
CurrentInvestments
|
438448000 | usd |
| CY2021Q4 | ifrs-full |
Current Investments
CurrentInvestments
|
397849000 | usd |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
1091527000 | usd |
| CY2022Q4 | ifrs-full |
Current Assets
CurrentAssets
|
8468596000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
318127000 | usd |
| CY2021Q4 | ifrs-full |
Current Assets
CurrentAssets
|
4981173000 | usd |
| CY2022Q4 | ifrs-full |
Assets
Assets
|
17550246000 | usd |
| CY2021Q4 | ifrs-full |
Assets
Assets
|
14449431000 | usd |
| CY2022Q4 | ifrs-full |
Equity Attributable To Owners Of Parent
EquityAttributableToOwnersOfParent
|
13905709000 | usd |
| CY2021Q4 | ifrs-full |
Equity Attributable To Owners Of Parent
EquityAttributableToOwnersOfParent
|
11960578000 | usd |
| CY2022Q4 | ifrs-full |
Noncontrolling Interests
NoncontrollingInterests
|
128728000 | usd |
| CY2021Q4 | ifrs-full |
Noncontrolling Interests
NoncontrollingInterests
|
145124000 | usd |
| CY2022Q4 | ifrs-full |
Equity
Equity
|
14034437000 | usd |
| CY2021Q4 | ifrs-full |
Equity
Equity
|
12105702000 | usd |
| CY2022Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
46433000 | usd |
| CY2021Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
111432000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
|
83616000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Lease Liabilities
NoncurrentLeaseLiabilities
|
82694000 | usd |
| CY2022Q4 | ifrs-full |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
269069000 | usd |
| CY2021Q4 | ifrs-full |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
274721000 | usd |
| CY2022Q4 | ifrs-full |
Other Noncurrent Liabilities
OtherNoncurrentLiabilities
|
230142000 | usd |
| CY2021Q4 | ifrs-full |
Other Noncurrent Liabilities
OtherNoncurrentLiabilities
|
231681000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Provisions
NoncurrentProvisions
|
98126000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Liabilities
NoncurrentLiabilities
|
727386000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Provisions
NoncurrentProvisions
|
83556000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Liabilities
NoncurrentLiabilities
|
784084000 | usd |
| CY2022Q4 | ifrs-full |
Current Borrowings And Current Portion Of Noncurrent Borrowings
CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
682329000 | usd |
| CY2021Q4 | ifrs-full |
Current Borrowings And Current Portion Of Noncurrent Borrowings
CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
219501000 | usd |
| CY2022Q4 | ifrs-full |
Current Lease Liabilities
CurrentLeaseLiabilities
|
28561000 | usd |
| CY2021Q4 | ifrs-full |
Current Lease Liabilities
CurrentLeaseLiabilities
|
34591000 | usd |
| CY2022Q4 | ifrs-full |
Current Derivative Financial Liabilities
CurrentDerivativeFinancialLiabilities
|
7127000 | usd |
| CY2021Q4 | ifrs-full |
Current Derivative Financial Liabilities
CurrentDerivativeFinancialLiabilities
|
11328000 | usd |
| CY2022Q4 | ifrs-full |
Current Tax Liabilities Current
CurrentTaxLiabilitiesCurrent
|
376240000 | usd |
| CY2021Q4 | ifrs-full |
Current Tax Liabilities Current
CurrentTaxLiabilitiesCurrent
|
143486000 | usd |
| CY2022Q4 | ifrs-full |
Other Current Liabilities
OtherCurrentLiabilities
|
260614000 | usd |
| CY2021Q4 | ifrs-full |
Other Current Liabilities
OtherCurrentLiabilities
|
203725000 | usd |
| CY2022Q4 | ifrs-full |
Current Provisions
CurrentProvisions
|
11185000 | usd |
| CY2021Q4 | ifrs-full |
Current Provisions
CurrentProvisions
|
9322000 | usd |
| CY2022Q4 | ifrs-full |
Current Advances
CurrentAdvances
|
242910000 | usd |
| CY2021Q4 | ifrs-full |
Current Advances
CurrentAdvances
|
92436000 | usd |
| CY2022Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
1179457000 | usd |
| CY2022Q4 | ifrs-full |
Current Liabilities
CurrentLiabilities
|
2788423000 | usd |
| CY2021Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
845256000 | usd |
| CY2021Q4 | ifrs-full |
Current Liabilities
CurrentLiabilities
|
1559645000 | usd |
| CY2022Q4 | ifrs-full |
Liabilities
Liabilities
|
3515809000 | usd |
| CY2021Q4 | ifrs-full |
Liabilities
Liabilities
|
2343729000 | usd |
| CY2022Q4 | ifrs-full |
Equity And Liabilities
EquityAndLiabilities
|
17550246000 | usd |
| CY2021Q4 | ifrs-full |
Equity And Liabilities
EquityAndLiabilities
|
14449431000 | usd |
| CY2021Q4 | ifrs-full |
Equity
Equity
|
12105702000 | usd |
| CY2022 | ifrs-full |
Profit Loss
ProfitLoss
|
2548701000 | usd |
| CY2022 | ifrs-full |
Gains Losses On Exchange Differences On Translation Before Tax
GainsLossesOnExchangeDifferencesOnTranslationBeforeTax
|
-23710000 | usd |
| CY2022 | ifrs-full |
Reclassification Adjustments On Exchange Differences On Translation Before Tax
ReclassificationAdjustmentsOnExchangeDifferencesOnTranslationBeforeTax
|
71252000 | usd |
| CY2022 | ifrs-full |
Other Comprehensive Income Net Of Tax Gains Losses On Remeasurements Of Defined Benefit Plans
OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
|
10904000 | usd |
| CY2022 | ifrs-full |
Other Comprehensive Income Net Of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income
OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome
|
-5186000 | usd |
| CY2022 | ifrs-full |
Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod
|
12359000 | usd |
| CY2022 | ifrs-full |
Other Comprehensive Income
OtherComprehensiveIncome
|
-76885000 | usd |
| CY2022 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
2471816000 | usd |
| CY2022 | ifrs-full |
Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss Of Control
IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl
|
-1407000 | usd |
| CY2022 | ifrs-full |
Dividends Paid
DividendsPaid
|
541674000 | usd |
| CY2022Q4 | ifrs-full |
Equity
Equity
|
14034437000 | usd |
| CY2022Q4 | ifrs-full |
Number Of Shares Authorised
NumberOfSharesAuthorised
|
2500000000 | shares |
| CY2022Q4 | ifrs-full |
Par Value Per Share
ParValuePerShare
|
1 | |
| CY2022Q4 | ifrs-full |
Number Of Shares Issued
NumberOfSharesIssued
|
1180536830 | shares |
| CY2020Q4 | ifrs-full |
Equity
Equity
|
11446473000 | usd |
| CY2021 | ifrs-full |
Profit Loss
ProfitLoss
|
1053318000 | usd |
| CY2021 | ifrs-full |
Gains Losses On Exchange Differences On Translation Before Tax
GainsLossesOnExchangeDifferencesOnTranslationBeforeTax
|
-81953000 | usd |
| CY2021 | ifrs-full |
Other Comprehensive Income Net Of Tax Gains Losses On Remeasurements Of Defined Benefit Plans
OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
|
9511000 | usd |
| CY2021 | ifrs-full |
Other Comprehensive Income Net Of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income
OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome
|
-2689000 | usd |
| CY2021 | ifrs-full |
Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod
|
-7243000 | usd |
| CY2021 | ifrs-full |
Other Comprehensive Income
OtherComprehensiveIncome
|
-82374000 | usd |
| CY2021 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
970944000 | usd |
| CY2021 | ifrs-full |
Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss Of Control
IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl
|
10384000 | usd |
| CY2021 | ifrs-full |
Dividends Paid
DividendsPaid
|
322099000 | usd |
| CY2021Q4 | ifrs-full |
Equity
Equity
|
12105702000 | usd |
| CY2021Q4 | ifrs-full |
Number Of Shares Authorised
NumberOfSharesAuthorised
|
2500000000 | shares |
| CY2021Q4 | ifrs-full |
Par Value Per Share
ParValuePerShare
|
1 | |
| CY2021Q4 | ifrs-full |
Number Of Shares Issued
NumberOfSharesIssued
|
1180536830 | shares |
| CY2019Q4 | ifrs-full |
Equity
Equity
|
12186372000 | usd |
| CY2020 | ifrs-full |
Profit Loss
ProfitLoss
|
-642417000 | usd |
| CY2020 | ifrs-full |
Gains Losses On Exchange Differences On Translation Before Tax
GainsLossesOnExchangeDifferencesOnTranslationBeforeTax
|
31172000 | usd |
| CY2020 | ifrs-full |
Other Comprehensive Income Net Of Tax Gains Losses On Remeasurements Of Defined Benefit Plans
OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
|
-4201000 | usd |
| CY2020 | ifrs-full |
Other Comprehensive Income Net Of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income
OtherComprehensiveIncomeNetOfTaxFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome
|
-7456000 | usd |
| CY2020 | ifrs-full |
Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod
|
-30551000 | usd |
| CY2020 | ifrs-full |
Other Comprehensive Income
OtherComprehensiveIncome
|
-11036000 | usd |
| CY2020 | ifrs-full |
Comprehensive Income
ComprehensiveIncome
|
-653453000 | usd |
| CY2020 | ifrs-full |
Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss Of Control
IncreaseDecreaseThroughChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl
|
1492000 | usd |
| CY2020 | ifrs-full |
Dividends Paid
DividendsPaid
|
87938000 | usd |
| CY2020Q4 | ifrs-full |
Equity
Equity
|
11446473000 | usd |
| CY2020Q4 | ifrs-full |
Number Of Shares Authorised
NumberOfSharesAuthorised
|
2500000000 | shares |
| CY2020Q4 | ifrs-full |
Par Value Per Share
ParValuePerShare
|
1 | |
| CY2020Q4 | ifrs-full |
Number Of Shares Issued
NumberOfSharesIssued
|
1180536830 | shares |
| CY2022 | ifrs-full |
Profit Loss
ProfitLoss
|
2548701000 | usd |
| CY2021 | ifrs-full |
Profit Loss
ProfitLoss
|
1053318000 | usd |
| CY2020 | ifrs-full |
Profit Loss
ProfitLoss
|
-642417000 | usd |
| CY2022 | ifrs-full |
Adjustments For Depreciation And Amortisation Expense
AdjustmentsForDepreciationAndAmortisationExpense
|
607723000 | usd |
| CY2021 | ifrs-full |
Adjustments For Depreciation And Amortisation Expense
AdjustmentsForDepreciationAndAmortisationExpense
|
594721000 | usd |
| CY2020 | ifrs-full |
Adjustments For Depreciation And Amortisation Expense
AdjustmentsForDepreciationAndAmortisationExpense
|
678806000 | usd |
| CY2022 | ifrs-full |
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
76725000 | usd |
| CY2021 | ifrs-full |
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
57075000 | usd |
| CY2020 | ifrs-full |
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
622402000 | usd |
| CY2022 | ifrs-full |
Adjustments For Income Tax Expense
AdjustmentsForIncomeTaxExpense
|
257651000 | usd |
| CY2021 | ifrs-full |
Adjustments For Income Tax Expense
AdjustmentsForIncomeTaxExpense
|
35602000 | usd |
| CY2020 | ifrs-full |
Adjustments For Income Tax Expense
AdjustmentsForIncomeTaxExpense
|
-117214000 | usd |
| CY2022 | ifrs-full |
Adjustments For Undistributed Profits Of Associates
AdjustmentsForUndistributedProfitsOfAssociates
|
208702000 | usd |
| CY2021 | ifrs-full |
Adjustments For Undistributed Profits Of Associates
AdjustmentsForUndistributedProfitsOfAssociates
|
512591000 | usd |
| CY2020 | ifrs-full |
Adjustments For Undistributed Profits Of Associates
AdjustmentsForUndistributedProfitsOfAssociates
|
108799000 | usd |
| CY2022 | ifrs-full |
Adjustments For Finance Income Cost
AdjustmentsForFinanceIncomeCost
|
-1480000 | usd |
| CY2021 | ifrs-full |
Adjustments For Finance Income Cost
AdjustmentsForFinanceIncomeCost
|
11363000 | usd |
| CY2020 | ifrs-full |
Adjustments For Finance Income Cost
AdjustmentsForFinanceIncomeCost
|
538000 | usd |
| CY2022 | ifrs-full |
Adjustments For Provisions
AdjustmentsForProvisions
|
16433000 | usd |
| CY2021 | ifrs-full |
Adjustments For Provisions
AdjustmentsForProvisions
|
7381000 | usd |
| CY2020 | ifrs-full |
Adjustments For Provisions
AdjustmentsForProvisions
|
-13175000 | usd |
| CY2022 | ts |
Adjustments For Reclassification Of Foreign Exchange Reserve
AdjustmentsForReclassificationOfForeignExchangeReserve
|
-71252000 | usd |
| CY2021 | ts |
Adjustments For Reclassification Of Foreign Exchange Reserve
AdjustmentsForReclassificationOfForeignExchangeReserve
|
usd | |
| CY2020 | ts |
Adjustments For Reclassification Of Foreign Exchange Reserve
AdjustmentsForReclassificationOfForeignExchangeReserve
|
usd | |
| CY2022 | ifrs-full |
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates
AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates
|
usd | |
| CY2021 | ifrs-full |
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates
AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates
|
6768000 | usd |
| CY2020 | ifrs-full |
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates
AdjustmentsForGainLossOnDisposalOfInvestmentsInSubsidiariesJointVenturesAndAssociates
|
usd | |
| CY2022 | ifrs-full |
Increase Decrease In Working Capital
IncreaseDecreaseInWorkingCapital
|
2131245000 | usd |
| CY2021 | ifrs-full |
Increase Decrease In Working Capital
IncreaseDecreaseInWorkingCapital
|
1071464000 | usd |
| CY2020 | ifrs-full |
Increase Decrease In Working Capital
IncreaseDecreaseInWorkingCapital
|
-1055289000 | usd |
| CY2022 | ifrs-full |
Other Adjustments For Noncash Items
OtherAdjustmentsForNoncashItems
|
69703000 | usd |
| CY2021 | ifrs-full |
Other Adjustments For Noncash Items
OtherAdjustmentsForNoncashItems
|
-26836000 | usd |
| CY2020 | ifrs-full |
Other Adjustments For Noncash Items
OtherAdjustmentsForNoncashItems
|
46029000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
|
1167217000 | usd |
| CY2021 | ifrs-full |
Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
|
119075000 | usd |
| CY2020 | ifrs-full |
Cash Flows From Used In Operating Activities
CashFlowsFromUsedInOperatingActivities
|
1520383000 | usd |
| CY2022 | ifrs-full |
Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
|
378446000 | usd |
| CY2021 | ifrs-full |
Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
|
239518000 | usd |
| CY2020 | ifrs-full |
Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
|
193322000 | usd |
| CY2022 | ts |
Cash Flows From Used In Decrease Increase In Advance To Suppliers Of Property Plant And Equipment
CashFlowsFromUsedInDecreaseIncreaseInAdvanceToSuppliersOfPropertyPlantAndEquipment
|
-18901000 | usd |
| CY2021 | ts |
Cash Flows From Used In Decrease Increase In Advance To Suppliers Of Property Plant And Equipment
CashFlowsFromUsedInDecreaseIncreaseInAdvanceToSuppliersOfPropertyPlantAndEquipment
|
-5075000 | usd |
| CY2020 | ts |
Cash Flows From Used In Decrease Increase In Advance To Suppliers Of Property Plant And Equipment
CashFlowsFromUsedInDecreaseIncreaseInAdvanceToSuppliersOfPropertyPlantAndEquipment
|
-1031000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
|
usd | |
| CY2021 | ifrs-full |
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
|
24332000 | usd |
| CY2020 | ifrs-full |
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsFromLosingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
|
usd | |
| CY2022 | ifrs-full |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
|
4082000 | usd |
| CY2021 | ifrs-full |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
|
usd | |
| CY2020 | ifrs-full |
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities
CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities
|
1025367000 | usd |
| CY2022 | ifrs-full |
Purchase Of Investments Other Than Investments Accounted For Using Equity Method
PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
|
usd | |
| CY2021 | ifrs-full |
Purchase Of Investments Other Than Investments Accounted For Using Equity Method
PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
|
692000 | usd |
| CY2020 | ifrs-full |
Purchase Of Investments Other Than Investments Accounted For Using Equity Method
PurchaseOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
|
usd | |
| CY2022 | ifrs-full |
Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
|
48458000 | usd |
| CY2021 | ifrs-full |
Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
|
22735000 | usd |
| CY2020 | ifrs-full |
Proceeds From Disposals Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
|
14394000 | usd |
| CY2022 | ifrs-full |
Dividends Received From Associates Classified As Investing Activities
DividendsReceivedFromAssociatesClassifiedAsInvestingActivities
|
66162000 | usd |
| CY2021 | ifrs-full |
Dividends Received From Associates Classified As Investing Activities
DividendsReceivedFromAssociatesClassifiedAsInvestingActivities
|
75929000 | usd |
| CY2020 | ifrs-full |
Dividends Received From Associates Classified As Investing Activities
DividendsReceivedFromAssociatesClassifiedAsInvestingActivities
|
278000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Used In Decrease Increase In Shortterm Deposits And Investments
CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments
|
123254000 | usd |
| CY2021 | ifrs-full |
Cash Flows From Used In Decrease Increase In Shortterm Deposits And Investments
CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments
|
390186000 | usd |
| CY2020 | ifrs-full |
Cash Flows From Used In Decrease Increase In Shortterm Deposits And Investments
CashFlowsFromUsedInDecreaseIncreaseInShorttermDepositsAndInvestments
|
-887216000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Used In Investing Activities
CashFlowsFromUsedInInvestingActivities
|
-163555000 | usd |
| CY2021 | ifrs-full |
Cash Flows From Used In Investing Activities
CashFlowsFromUsedInInvestingActivities
|
267897000 | usd |
| CY2020 | ifrs-full |
Cash Flows From Used In Investing Activities
CashFlowsFromUsedInInvestingActivities
|
-2092264000 | usd |
| CY2022 | ifrs-full |
Dividends Paid Classified As Financing Activities
DividendsPaidClassifiedAsFinancingActivities
|
531242000 | usd |
| CY2021 | ifrs-full |
Dividends Paid Classified As Financing Activities
DividendsPaidClassifiedAsFinancingActivities
|
318744000 | usd |
| CY2020 | ifrs-full |
Dividends Paid Classified As Financing Activities
DividendsPaidClassifiedAsFinancingActivities
|
82637000 | usd |
| CY2022 | ifrs-full |
Dividends Paid To Noncontrolling Interests Classified As Financing Activities
DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities
|
10432000 | usd |
| CY2021 | ifrs-full |
Dividends Paid To Noncontrolling Interests Classified As Financing Activities
DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities
|
3355000 | usd |
| CY2020 | ifrs-full |
Dividends Paid To Noncontrolling Interests Classified As Financing Activities
DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities
|
5301000 | usd |
| CY2022 | ts |
Proceeds Payments From Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss Of Control
ProceedsPaymentsFromChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl
|
-1407000 | usd |
| CY2021 | ts |
Proceeds Payments From Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss Of Control
ProceedsPaymentsFromChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl
|
usd | |
| CY2020 | ts |
Proceeds Payments From Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss Of Control
ProceedsPaymentsFromChangesInOwnershipInterestsInSubsidiariesThatDoNotResultInLossOfControl
|
2000 | usd |
| CY2022 | ifrs-full |
Payments Of Lease Liabilities Classified As Financing Activities
PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
|
52396000 | usd |
| CY2021 | ifrs-full |
Payments Of Lease Liabilities Classified As Financing Activities
PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
|
48473000 | usd |
| CY2020 | ifrs-full |
Payments Of Lease Liabilities Classified As Financing Activities
PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities
|
48553000 | usd |
| CY2022 | ifrs-full |
Proceeds From Borrowings Classified As Financing Activities
ProceedsFromBorrowingsClassifiedAsFinancingActivities
|
1511503000 | usd |
| CY2021 | ifrs-full |
Proceeds From Borrowings Classified As Financing Activities
ProceedsFromBorrowingsClassifiedAsFinancingActivities
|
843668000 | usd |
| CY2020 | ifrs-full |
Proceeds From Borrowings Classified As Financing Activities
ProceedsFromBorrowingsClassifiedAsFinancingActivities
|
658156000 | usd |
| CY2022 | ifrs-full |
Repayments Of Borrowings Classified As Financing Activities
RepaymentsOfBorrowingsClassifiedAsFinancingActivities
|
1094370000 | usd |
| CY2021 | ifrs-full |
Repayments Of Borrowings Classified As Financing Activities
RepaymentsOfBorrowingsClassifiedAsFinancingActivities
|
1121053000 | usd |
| CY2020 | ifrs-full |
Repayments Of Borrowings Classified As Financing Activities
RepaymentsOfBorrowingsClassifiedAsFinancingActivities
|
896986000 | usd |
| CY2022 | ifrs-full |
Cash Flows From Used In Financing Activities
CashFlowsFromUsedInFinancingActivities
|
-178344000 | usd |
| CY2021 | ifrs-full |
Cash Flows From Used In Financing Activities
CashFlowsFromUsedInFinancingActivities
|
-647957000 | usd |
| CY2020 | ifrs-full |
Cash Flows From Used In Financing Activities
CashFlowsFromUsedInFinancingActivities
|
-375319000 | usd |
| CY2022 | ifrs-full |
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes
IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
|
825318000 | usd |
| CY2021 | ifrs-full |
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes
IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
|
-260985000 | usd |
| CY2020 | ifrs-full |
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes
IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
|
-947200000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
|
318067000 | usd |
| CY2020Q4 | ifrs-full |
Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
|
584583000 | usd |
| CY2019Q4 | ifrs-full |
Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
|
1554275000 | usd |
| CY2022 | ifrs-full |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents
EffectOfExchangeRateChangesOnCashAndCashEquivalents
|
51952000 | usd |
| CY2021 | ifrs-full |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents
EffectOfExchangeRateChangesOnCashAndCashEquivalents
|
5531000 | usd |
| CY2020 | ifrs-full |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents
EffectOfExchangeRateChangesOnCashAndCashEquivalents
|
22492000 | usd |
| CY2022 | ifrs-full |
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes
IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
|
825318000 | usd |
| CY2021 | ifrs-full |
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes
IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
|
-260985000 | usd |
| CY2020 | ifrs-full |
Increase Decrease In Cash And Cash Equivalents Before Effect Of Exchange Rate Changes
IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges
|
-947200000 | usd |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
|
1091433000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
|
318067000 | usd |
| CY2020Q4 | ifrs-full |
Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
|
584583000 | usd |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
1091527000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
318127000 | usd |
| CY2020Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
584681000 | usd |
| CY2022Q4 | ifrs-full |
Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
|
94000 | usd |
| CY2021Q4 | ifrs-full |
Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
|
60000 | usd |
| CY2020Q4 | ifrs-full |
Bank Overdrafts Classified As Cash Equivalents
BankOverdraftsClassifiedAsCashEquivalents
|
98000 | usd |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
|
1091433000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
|
318067000 | usd |
| CY2020Q4 | ifrs-full |
Cash And Cash Equivalents If Different From Statement Of Financial Position
CashAndCashEquivalentsIfDifferentFromStatementOfFinancialPosition
|
584583000 | usd |
| CY2022 | ts |
Currency Translation Adjustment Working Capital
CurrencyTranslationAdjustmentWorkingCapital
|
4200000 | usd |
| CY2021 | ts |
Currency Translation Adjustment Working Capital
CurrencyTranslationAdjustmentWorkingCapital
|
25600000 | usd |
| CY2020 | ts |
Currency Translation Adjustment Working Capital
CurrencyTranslationAdjustmentWorkingCapital
|
3800000 | usd |
| CY2022 | ifrs-full |
Disclosure Of General Information About Financial Statements Explanatory
DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory
|
<p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: "times new roman", times; line-height: inherit; color: rgb(204, 0, 102);"><span style="font-weight: bold; line-height: inherit;">I.</span><span style="font-weight: bold; line-height: inherit;">GENERAL INFORMATION</span></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-indent: 0px; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris S.A. (the “Company”) was established as a public limited liability company (<span style="font-style: italic; line-height: inherit;">s</span><span style="font-style: italic; line-height: inherit;">oci</span><span style="font-style: italic; line-height: inherit;">é</span><span style="font-style: italic; line-height: inherit;">té </span><span style="font-style: italic; line-height: inherit;">a</span><span style="font-style: italic; line-height: inherit;">nonyme</span>) under the laws of the Grand-Duchy of Luxembourg on December 17, 2001. The Company holds, either directly or indirectly, controlling interests in various subsidiaries in the steel pipe manufacturing and distribution businesses. References in these Consolidated Financial Statements to “Tenaris” refer to the Company and its consolidated subsidiaries. A list of the principal Company’s subsidiaries is included in note 32 to these Consolidated Financial Statements.</span></p><p style="line-height: 1.2; margin: 0px; text-indent: 0px; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-indent: 0px; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company’s shares trade on the Italian Stock Exchange and the Mexican Stock Exchange; and the Company’s American Depositary Securities (“ADS”) trade on the New York Stock Exchange.</span></p><p style="line-height: 1.2; margin: 0px; text-indent: 0px; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-indent: 0px; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">These Consolidated Financial Statements were approved for issuance by the Company’s Board of Directors on February 15, 2023.</span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Summary Of Significant Accounting Policies Explanatory
DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory
|
<p style="line-height: 1.2; text-align: justify; text-indent: 0px; margin: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #cc0066;"><span style="font-weight: bold; line-height: inherit;">II</span><span style="font-weight: bold; line-height: inherit;">. </span><span style="font-weight: bold; line-height: inherit;">A</span><span style="font-weight: bold; line-height: inherit;">CCOUNTING POLICIES</span></span></p><p style="line-height: 1.2; text-align: justify; text-indent: 0px; margin: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><br/></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The principal accounting policies applied in the preparation of these Consolidated Financial Statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><br/></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">A</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Basis of presentation</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Consolidated Financial Statements of Tenaris have been prepared in accordance with International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board (“IASB”) and in accordance with IFRS as adopted by the European Union, under the historical cost convention, as modified by the revaluation of certain financial assets and liabilities (including derivative instruments) and plan assets at fair value. The Consolidated Financial Statements are, unless otherwise noted, presented in thousands of U.S. dollars (“$”). </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Whenever necessary, certain comparative amounts have been reclassified to conform to changes in presentation in the current year. </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The preparation of Consolidated Financial Statements in conformity with IFRS requires management to make certain accounting estimates and assumptions that might affect among others, the reported amounts of assets, liabilities, contingent liabilities, revenues and expenses. Actual results may differ from these estimates. The main areas involving significant estimates or judgements are: impairment of goodwill and long-lived assets (notes II.H), impairment in investments in associates (note II.B); income taxes (note II.O); obsolescence of inventory (note II.J); contingencies (note II.Q); allowance for trade receivables (note II.K); post-employment and other long-term benefits (note II.P); business combinations (notes II.B); useful lives of property, plant and equipment and other long-lived assets (notes II.E, II.F, II.H); fair value estimation of certain financial instruments (notes III.B, IV.34) and property title ownership restriction (note IV.27). During the year there were no material changes in the significant accounting estimates and judgements.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-indent: 0px; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 57px;">Accounting pronouncements applicable as from J</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">anuary 1, 20</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">2</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">2</span></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Accounting pronouncements that became effective during 2022 have no material effect on the Company’s financial condition or results of operations. </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-indent: 0px; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 57px;">New ac</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">counting pronouncements </span><span style="font-style: italic; font-weight: bold; line-height: inherit;">not </span><span style="font-style: italic; font-weight: bold; line-height: inherit;">applicable as </span><span style="font-style: italic; font-weight: bold; line-height: inherit;">of December 3</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">1, 202</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">2</span></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="line-height: inherit;">Certain</span><span style="line-height: inherit;">new</span><span style="line-height: inherit;">ly published</span><span style="line-height: inherit;"> accounting standards, amendments to accounting standards and interpretations are not mandatory for December 31, 202</span><span style="line-height: inherit;">2</span><span style="line-height: inherit;"> reporting periods and have not been early adopted by the Company. These standards, amendments or interpretations are not expected to have a material impact in the current or future reporting periods and on foreseeable future transactions</span>. </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><br/></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">B</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Group accounting</span></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 51px;">Subsidiaries and transactions with non-controlling interests</span></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Subsidiaries are all entities over which Tenaris has control. Tenaris controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Subsidiaries are fully consolidated from the date on which control is exercised by the Company and are no longer consolidated from the date control ceases. </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The acquisition method of accounting is used to account for the acquisition of subsidiaries by Tenaris. The cost of an acquisition is measured as the fair value of the assets transferred, equity instruments issued and liabilities incurred or assumed at the date of exchange. Acquisition-related costs are expensed as incurred. Identifiable assets acquired, liabilities and contingent liabilities assumed in a business combination are generally measured initially at their fair values at the acquisition date. Any non-controlling interest in the acquiree is measured either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s net identifiable assets. The excess of the aggregate of the consideration transferred and the amount of any non-controlling interest in the acquiree over the fair value of the identifiable net assets acquired is recorded as goodwill. If this is less than the fair value of the net assets of the subsidiary acquired, the difference is recognized directly in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Contingent consideration is classified either as equity or as a financial liability. Amounts classified as a financial liability are subsequently remeasured to fair value with changes in fair value recognized in profit or loss.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">If the business combination is achieved in stages, the acquisition date carrying value of the acquirer’s previously held equity interest in the acquiree is remeasured to fair value at the acquisition date. Any gains or losses arising from such remeasurement are recognized in profit or loss.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Transactions with non-controlling interests that do not result in a loss of control are accounted as transactions with equity owners of the Company. For purchases from non-controlling interests, the difference between any consideration paid and the relevant share acquired of the carrying value of net assets of the subsidiary is recorded in equity. Gains or losses on disposals to non-controlling interests are also recorded in equity.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">When the Company ceases to have control or significant influence, any retained interest in the entity is remeasured to its fair value, with the change in carrying amount recognized in profit or loss. The fair value is the initial carrying amount for the purposes of subsequently accounting for the retained interest as an associate, joint venture or financial asset. In addition, any amounts previously recognized in other comprehensive income in respect of that entity are accounted for as if the group had directly disposed of the related assets or liabilities. This may mean that amounts previously recognized in other comprehensive income are reclassified to profit or loss. </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Material intercompany transactions, balances and unrealized gains (losses) on transactions between Tenaris subsidiaries have been eliminated in consolidation. However, since the functional currency of some subsidiaries is its respective local currency, some financial gains (losses) arising from intercompany transactions are generated. These are included in the Consolidated Income Statement under <span style="font-style: italic; line-height: inherit;">Other f</span><span style="font-style: italic; line-height: inherit;">inancial results</span>. </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 47px;">Non-consolidated companies</span></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Non-consolidated companies are all entities in which Tenaris has significant influence but not control, generally accompanying a shareholding of between 20% and 50% of the voting rights. Investments in non-consolidated companies (associates and joint ventures) are accounted for by the equity method of accounting and are initially recognized at cost (as defined by IAS 28, “Investments in Associates and Joint Ventures”). The Company’s investment in non-consolidated companies includes goodwill identified in acquisition, net of any accumulated impairment loss.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Under the equity method of accounting, the investments are initially recognized at cost and adjusted thereafter to recognize Tenaris’s share of the post-acquisition profits or losses of the investee in profit or loss, and Tenaris’s share of movements in other comprehensive income of the investee in other comprehensive income. Dividends received or receivable from associates and joint ventures are recognized as a reduction in the carrying amount of the investment.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><br/></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;">If material, unrealized results on transactions between Tenaris and its non-consolidated companies are eliminated to the extent of Tenaris’s interest in the non-consolidated companies. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment indicator of the asset transferred. Financial statements of non-consolidated companies </span><span style="font-style: normal; line-height: inherit;">are</span><span style="font-style: normal; line-height: inherit;"> adjusted where necessary to ensure consistency with IFRS.</span></span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;">The Company’s pro-rata share of earnings in non-consolidated companies is recorded in the Consolidated Income Statement under </span><span style="font-style: italic; line-height: inherit;">Equity in earnings</span><span style="font-style: italic; line-height: inherit;">of non-consolidated companies</span><span style="font-style: normal; line-height: inherit;">. The Company’s pro-rata share of changes in other comprehensive income is recognized in the Consolidated Statement of Comprehensive Income.</span></span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; break-after: avoid; break-inside: avoid; text-indent: -18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">a) Ternium</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">At December 31, 2022, Tenaris held 11.46% of Ternium S.A. (“Ternium”) common stock. The following factors and circumstances evidence that Tenaris has significant influence over Ternium:</span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><br/></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 16.68pt; padding-left: 4.62pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Both the Company and Ternium are under the indirect common control of San Faustin S.A. (“San Faustin”);</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 16.68pt; padding-left: 4.62pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Four out of nine members of Ternium’s Board of Directors (including Ternium’s Chairman) are also members of the Company’s Board of Directors;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 16.68pt; padding-left: 4.62pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Under the shareholders’ agreement by and between the Company and Techint Holdings S.àr.l, a wholly owned subsidiary of San Faustin and Ternium’s main shareholder, dated January 9, 2006, Techint Holdings S.àr.l, is required to take actions within its power to cause (a) one of the members of Ternium’s Board of Directors to be nominated by the Company and (b) any director nominated by the Company to be removed from Ternium’s Board of Directors only pursuant to previous written instructions of the Company.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">b)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: inherit;"> </span><span style="font-style: italic; line-height: inherit;">Usiminas</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">At December 31, 2022, Tenaris held, through its Brazilian subsidiary Confab Industrial S.A. (“Confab”), 36.5 million ordinary shares and 1.3 million preferred shares of Usinas Siderúrgicas de Minas Gerais S.A. - Usiminas (“Usiminas”), representing 5.19% of its shares with voting rights and 3.07% of its total share capital. </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Confab’s acquisition of the Usiminas shares was part of a larger transaction performed on January 16, 2012, pursuant to which Tenaris’s affiliate Ternium (through certain of its subsidiaries) and Confab acquired a large block of Usiminas ordinary shares and joined Usiminas’ existing control group. Subsequently, in 2016, Ternium and Confab subscribed to additional ordinary shares and to preferred shares. </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">At December 31, 2022, the Usiminas control group held, in the aggregate, 483.6 million ordinary shares bound to the Usiminas shareholders’ agreement, representing approximately 68.6% of Usiminas’ voting capital. The Usiminas control group, which is bound by a long-term shareholders’ agreement that governs the rights and obligations of Usiminas’ control group members, is currently composed of three sub-groups: the T/T Group, comprising Confab and certain Ternium entities; the NSC Group, comprising Nippon Steel Corporation (“NSC”), Metal One Corporation and Mitsubishi Corporation; and Usiminas’ pension fund Previdência Usiminas. The T/T Group holds approximately 47.1% of the total shares held by the control group (39.5% corresponding to the Ternium entities and the other 7.6% corresponding to Confab); the NSC Group holds approximately 45.9% of the total shares held by the control group; and Previdência Usiminas holds the remaining 7%.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The corporate governance rules reflected in the Usiminas shareholders agreement include, among others, an alternation mechanism for the nomination of each of the Chief Executive Officer (“CEO”) and the Chairman of the Board of Directors of Usiminas, as well as a mechanism for the nomination of other members of Usiminas’ executive board. The Usiminas shareholders agreement also provides for an exit mechanism consisting of a buy-and-sell procedure (exercisable at any time after November 16, 2022, and applicable with respect to shares held by NSC and the T/T Group), which would allow either Ternium or NSC to purchase all or a majority of the Usiminas shares held by the other shareholder.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Confab and the Ternium entities party to the Usiminas shareholders agreement have a separate shareholders agreement governing their respective rights and obligations as members of the T/T Group. Such separate agreement includes, among others, provisions granting Confab certain rights relating to the T/T Group’s nomination of Usiminas’ officers and directors under the Usiminas shareholders agreement. Those circumstances evidence that Tenaris has significant influence over Usiminas.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><br/></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">c)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: inherit;"> </span><span style="font-style: italic; line-height: inherit;">Techgen</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Techgen S.A. de C.V. (“Techgen”), which operates an electric power plant in Mexico, is a joint venture company owned 48% by Ternium, 30% by Tecpetrol International S.A. (“Tecpetrol”) and 22% by Tenaris. The Company, Ternium and Tecpetrol are parties to a shareholders’ agreement relating to the governance of Techgen and are under the indirect common control of San Faustin. Based on the facts stated above, the Company has determined that it has significant influence over this entity.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">d)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: inherit;"> </span><span style="font-style: italic; line-height: inherit;">Global Pipe Company</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Global Pipe Company (“GPC”) is a Saudi-German joint venture, established in 2010 and located in Jubail, Saudi Arabia, which manufactures LSAW pipes. Tenaris, through its subsidiary Saudi Steel Pipe Company (“SSPC”), currently owns 35% of the share capital of GPC. In accordance with GPC’s bylaws, SSPC’s 35% equity interest entitles SSPC to appoint four of the eleven members of the Board of Directors of GPC. In addition, SSPC has the ability to block any shareholder resolution. Based on the facts stated above, the Company has determined that it has significant influence over this entity.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris carries its investments in non-consolidated companies under the equity method, with no additional goodwill or intangible assets recognized. Tenaris reviews investments in non-consolidated companies for impairment whenever events or changes in circumstances indicate that the asset’s carrying amount may not be recoverable. For more information see note 13 to these Consolidated Financial Statements.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">C</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Segment information</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The Company is organized in one major business segment, Tubes, which is also the reportable operating segment. All other business activities and operating segments that are not required to be separately reported, are disclosed in the Other segment.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Tubes segment includes the production and sale of both seamless and welded steel tubular products and related services mainly for the oil and gas industry, particularly oil country tubular goods (“OCTG”) used in drilling operations, and for other industrial applications with production processes that consist in the transformation of steel into tubular products. Business activities included in this segment are mainly dependent on the oil and gas industry worldwide, as this industry is a major consumer of steel pipe products, particularly OCTG used in drilling activities. Demand for steel pipe products from the oil and gas industry has historically been volatile and depends primarily upon the number of oil and natural gas wells being drilled, completed and reworked, and the depth and drilling conditions of these wells. Sales are generally made to end users, with exports being done through a centrally managed global distribution network and domestic sales are made through local subsidiaries.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; font-family: 'Frutiger 45 Light','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">The Other segment includes all business activities related to </span>the production and selling of sucker rods, industrial equipment, coiled tubing, tubes used for plumbing applications, oilfield / hydraulic fracturing services, energy and raw materials that exceed internal requirements.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris’s Chief Operating Decision Maker (“CODM”) holds monthly meetings with senior management, in which operating and financial performance information is reviewed. This information differs from IFRS principally as follows:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The use of direct cost methodology to calculate the inventories, while under IFRS it is at full cost, including absorption of production overheads and depreciations;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The use of costs based on previously internally defined cost estimates, while, under IFRS, costs are calculated at historical cost, mainly on a FIFO basis;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Any currency translation adjustment reclassification, when applicable, for companies that under IFRS had a different functional currency than the U.S. dollar;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Other timing differences, if any.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris presents its geographical information in five areas: North America, South America, Europe, Middle East and Africa and Asia Pacific. For purposes of reporting geographical information, net sales are allocated to geographical areas based on the customer’s location; allocation of assets, capital expenditures and associated depreciations and amortizations are based on the geographical location of the assets.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">D</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Foreign </span><span style="font-weight: bold; line-height: inherit;">c</span><span style="font-weight: bold; line-height: inherit;">urrency </span><span style="font-weight: bold; line-height: inherit;">t</span><span style="font-weight: bold; line-height: inherit;">ranslation</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 35.45pt; break-after: avoid; break-inside: avoid; text-indent: -35.45pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 55px;">Functional</span><span style="font-style: italic; font-weight: bold; line-height: inherit;"> and presentation</span><span style="font-style: italic; font-weight: bold; line-height: inherit;"> currency</span></span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 54pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">IAS 21 (revised), “The effects of changes in foreign exchange rates” defines the functional currency as the currency of the primary economic environment in which an entity operates.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The functional and presentation currency of the Company is the U.S. dollar. The U.S. dollar is the currency that best reflects the economic substance of the underlying events and circumstances relevant to Tenaris’s global operations. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Starting January 1, 2023, the Company changed the functional currency of its Brazilian subsidiaries, from the Brazilian Real to the U.S. dollar.</span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">This decision is a result of a significant increase of its Brazilian Subsidiaries’ participation in the OCTG and line pipe international markets, a trend which started in recent years and has been strengthened in 2022, an increased level of integration of the local operations within Tenaris’s international commercial and supply chain system, as well as the fact that the main purchase agreement contracts and the long term sales agreement contracts with major international and local oil companies are both indexed to the U.S. dollar. Local steel prices are also being affected by the U.S. dollar / Brazilian Real fluctuations.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As a result of this change, except for the Italian subsidiaries whose functional currency is the Euro, Tenaris determined that the functional currency of its other subsidiaries is the U.S. dollar, based on the following principal considerations:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Sales are mainly negotiated, denominated and settled in U.S. dollars. If priced in a currency other than the U.S. dollar, the sales price may consider exposure to fluctuation in the exchange rate against the U.S. dollar;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Prices of their critical raw materials and inputs are priced and / or settled in U.S. dollars; </span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Transaction and operational environment and the cash flow of these operations have the U.S. dollar as reference currency; </span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Significant level of integration of the local operations within Tenaris’s international global distribution network;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Net financial assets and liabilities are mainly received and maintained in U.S. dollars;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The exchange rate of certain legal currencies has long-been affected by recurring and severe economic crises.</span></li></ul><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Transactions in currencies other than the functional currency</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">Transactions in currencies other than the functional currency are translated into the functional currency using the exchange rates prevailing at the date of the transactions or valuati</span><span style="font-weight: normal; line-height: inherit;">on where items are re-measured.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">At the end of each reporting period: (i) monetary items denominated in currencies other than the functional currency are translated using the closing rates; (ii) non-monetary items that are measured in terms of historical cost in a currency other than the functional currency are translated using the exchange rates prevailing at the date of the transactions; and (iii) non-monetary items that are measured at fair value in a currency other than the functional currency are translated using the exchange rates prevailing at the date when</span><span style="font-weight: normal; line-height: inherit;"> the fair value was determined.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in currencies other than the functional currency are recorded as gains and losses from foreign exchange and included in </span><span style="font-style: italic; font-weight: normal; line-height: inherit;">Other financial results</span><span style="font-weight: normal; line-height: inherit;"> in the Consolidated Income Statement, except when deferred in equity as qualifying cash flow hedges and qu</span><span style="font-weight: normal; line-height: inherit;">alifying net investment hedges.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(3)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Translation of financial information in currencies other than the functional currency</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Results of operations for subsidiaries whose functional currencies are not the U.S. dollar are translated into U.S. dollars at the average exchange rates for each quarter of the year. Financial statement positions are translated at the year-end exchange rates. Translation differences are recognized in a separate component of equity as currency translation adjustments. In the case of a sale or other disposal of any of such subsidiaries, any accumulated translation difference would be recognized in the Consolidated Income Statement as a gain or loss from the sale following IAS 21.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Goodwill and fair value adjustments arising from the acquisition of a foreign operation are treated as assets and liabilities of the foreign operation and translated at the closing rate.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">E</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Property, plant and equipment</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Property, plant and equipment are recognized at historical acquisition or construction cost less accumulated depreciation and impairment losses. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Property, plant and equipment acquired through acquisitions accounted for as business combinations have been valued initially at the fair market value of the assets acquired.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Major overhaul and rebuilding expenditures are capitalized as property, plant and equipment only when it is probable that future economic benefits associated with the item will flow to the Company and the investment enhances the condition of assets beyond its original condition. The carrying amount of the replaced part is derecognized. Maintenance expenses on manufacturing properties are recorded as cost of products sold in the year in which they are incurred.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Cost may also include transfers from equity of any gains or losses on qualifying cash flow hedges of foreign currency purchases of property, plant and equipment. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Borrowing costs that are attributable to the acquisition or construction of certain capital assets are capitalized as part of the cost of the asset, in accordance with IAS 23 (revised), “Borrowing Costs”. Assets for which borrowing costs are capitalized are those that require a substantial period of time to prepare for their intended use.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The depreciation method is reviewed at each year end. Depreciation is calculated using the straight-line method to depreciate the cost of each asset to its residual value over its estimated useful life, as follows: </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 64px;" width="100%"><tbody><tr style="height: 16px; background-color: #ffffff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 4.92%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 54.22%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> Land </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 40.86%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> No Depreciation </span></p></td></tr><tr style="height: 16px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 4.92%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 54.22%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Buildings and improvements </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 40.86%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">30-50 years </span></p></td></tr><tr style="height: 16px; background-color: #ffffff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 4.92%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 54.22%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Plant and production equipment </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 40.86%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">10-40 years </span></p></td></tr><tr style="height: 16px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 4.92%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 54.22%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> Vehicles, furniture and fixtures, and other equipment </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 40.86%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt 0pt 0pt 1.4pt; text-indent: -1.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">4-10 years </span></p></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The assets’ residual values and useful lives of significant plant and production equipment are reviewed and adjusted, if appropriate, at each year-end date. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Management’s re-estimation of assets useful lives, performed in accordance with IAS 16, “Property, Plant and Equipment”, resulted in additional depreciation expenses of approximately $39 million for 2022, of $45 million for 2020 and did not materially affect depreciation expenses for 2021.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris depreciates each significant part of an item of property, plant and equipment for its different production facilities that (i) can be properly identified as an independent component with a cost that is significant in relation to the total cost of the item, and (ii) has a useful operating life that is different from another significant part of that same item of property, plant and equipment.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Gains and losses on disposals are determined by comparing the proceeds with the carrying amount of assets and are recognized under <span style="font-style: italic; line-height: inherit;">Other operating income </span>or <span style="font-style: italic; line-height: inherit;">Other operating expenses</span> in the Consolidated Income Statement.</span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">F</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Intangible assets</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Goodwill </span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;">Goodwill represents the excess of the acquisition cost </span><span style="font-style: normal; line-height: inherit;">over the fair value of </span><span style="font-style: normal; line-height: inherit;">Tenaris’s</span><span style="font-style: normal; line-height: inherit;"> share of net identifiable assets acquired as part of business combinations determined mainly by independent valuations. Goodwill is tested </span><span style="font-style: normal; line-height: inherit;">at least </span><span style="font-style: normal; line-height: inherit;">annually for impairment and carried at cost less accumulated impairment losses. Impairment losses on goodwill are not reversed. Goodwill is included </span><span style="font-style: normal; line-height: inherit;">in</span><span style="font-style: normal; line-height: inherit;"> the Consolidated Statement of Financial Position under </span><span style="font-style: italic; line-height: inherit;">Intangible assets, net.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-indent: 0px; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">For the purpose of impairment testing, g</span><span style="font-weight: normal; line-height: inherit;">oodwill is allocated to a </span><span style="font-weight: normal; line-height: inherit;">cash generating unit (“</span><span style="font-weight: normal; line-height: inherit;">CGU</span><span style="font-weight: normal; line-height: inherit;">”)</span><span style="font-weight: normal; line-height: inherit;"> or group of </span><span style="font-weight: normal; line-height: inherit;">CGUs</span><span style="font-weight: normal; line-height: inherit;"> that </span></span><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;">are expected to benefit from the business combination which generated the goodwill being tested. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Information systems projects</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Costs associated with maintaining computer software programs are generally recognized as an expense as incurred. However, costs directly related to the development, acquisition and implementation of information systems are recognized as intangible assets if it is probable that they have economic benefits exceeding one year and comply with the recognition criteria of IAS 38, “Intangible Assets”.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Information systems projects recognized as assets are amortized using the straight-line method over their useful lives, generally not exceeding a period of 3 years. Amortization charges are mainly classified as <span style="font-style: italic; line-height: inherit;">Selling, general and administrative expenses</span> in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Management’s re-estimation of assets useful lives, performed in accordance with IAS 38, did not materially affect amortization expenses for 2022 and 2021 and resulted in additional amortization expenses of $11.1 million for 2020.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(3)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Licenses, patents, trademarks and proprietary technology </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Licenses, patents, trademarks, and proprietary technology acquired in a business combination are initially recognized at fair value at the acquisition date. Licenses, patents, proprietary technology and those trademarks that have a finite useful life are carried at cost less accumulated amortization. Amortization is calculated using the straight-line method to allocate the cost over their estimated useful lives, which are in the range between 3 and 10 years. Amortization charges are mainly classified as <span style="font-style: italic; line-height: inherit;">Cost of Sales</span> in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The balance of acquired trademarks that have indefinite useful lives according to external appraisal amounts to $86.7 million at December 31, 2022, 2021 and 2020, and are included in Hydril CGU. Main factors considered in the determination of the indefinite useful lives include the years that they have been in service and their recognition among customers in the industry.</span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Management’s re-estimation of assets useful lives, performed in accordance with IAS 38, did not materially affect amortization expenses for 2022, 2021 and 2020.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(4)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Research and development</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Research expenditures as well as </span>development costs that do not fulfill the criteria for capitalization are recorded as <span style="font-style: italic; line-height: inherit;">Cost of sales</span> in the Consolidated Income Statement as incurred. Research and development expenditures included in <span style="font-style: italic; line-height: inherit;">Cost of sales</span> for the years 2022, 2021 and 2020 totaled $50.7 million, $45.3 million and $41.8 million, respectively. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Capitalized costs were not material for the years 2022, 2021 and 2020.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -36pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -36pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;">(5)</span><span style="font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit; margin-left: 48px;">Customer relationship</span><span style="font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;">s</span></span></p><p style="line-height: 1.2; margin: 0pt 0.85pt 0pt 13.9pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0.9pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">In accordance with IFRS 3, "Business Combinations" and IAS 38, Tenaris has recognized the value of customer relationships separately from goodwill attributable to the acquisition of Maverick</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> Tube Corporation (“Maverick”)</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> and Hydril</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> Company (“Hydril”)</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> groups, as well as the more recent acquisi</span><span style="letter-spacing: -0.1pt; line-height: inherit;">tion</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> of </span><span style="letter-spacing: -0.1pt; line-height: inherit;">SSPC and Ipsco Tubulars Inc. (“IPSCO”)</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><br/></p><p style="line-height: 1.2; margin: 0pt 0.9pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Customer relationships acquired in a business combination are recognized at fair value at the acquisition date, have a finite useful life and are carried at cost less accumulated amortization. Amortization is calculated using the straight line method over the initial expected useful li</span><span style="letter-spacing: -0.1pt; line-height: inherit;">v</span><span style="letter-spacing: -0.1pt; line-height: inherit;">e</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;">which were </span><span style="letter-spacing: -0.1pt; line-height: inherit;">approximately 14 years for Maverick, 10 y</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ears for Hydril</span><span style="letter-spacing: -0.1pt; line-height: inherit;">,</span><span style="letter-spacing: -0.1pt; line-height: inherit;">9 years for </span><span style="letter-spacing: -0.1pt; line-height: inherit;">SSP</span><span style="letter-spacing: -0.1pt; line-height: inherit;">C and </span><span style="letter-spacing: -0.1pt; line-height: inherit;">3</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> year</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> for IPSCO</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt 0.9pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">In <span style="border-left: none; border-right: none; line-height: inherit;">2022</span>,</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> the Company has reviewed the useful life of SSPC’s customer relationships and decided to reduce </span><span style="letter-spacing: -0.1pt; line-height: inherit;">it</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> from 5 years to 3 years, consequently a higher amortization charge of approximately $4.1 million was recorded in the Consolidated Income Statement under </span><span style="font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">Selling, general and administrative expenses</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> for the year ended December 31, 2022.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Management’s re-estimation of assets useful lives, performed in accordance with IAS 38, did not affect amortization expenses for 2021 and 2020.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">As o</span><span style="letter-spacing: -0.1pt; line-height: inherit;">f December 31, 20</span><span style="letter-spacing: -0.1pt; line-height: inherit;">2</span><span style="letter-spacing: -0.1pt; line-height: inherit;">2</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> the net book</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> value </span><span style="letter-spacing: -0.1pt; line-height: inherit;">of</span><span style="letter-spacing: -0.1pt; line-height: inherit;">SSP</span><span style="letter-spacing: -0.1pt; line-height: inherit;">C</span><span style="letter-spacing: -0.1pt; line-height: inherit;">’s customer relationship amounts </span><span style="letter-spacing: -0.1pt; line-height: inherit;">to $</span><span style="letter-spacing: -0.1pt; line-height: inherit;">41.5</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> million</span><span style="letter-spacing: -0.1pt; line-height: inherit;">, with a residual useful life of </span><span style="letter-spacing: -0.1pt; line-height: inherit;">3</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> years</span><span style="letter-spacing: -0.1pt; line-height: inherit;">, w</span><span style="letter-spacing: -0.1pt; line-height: inherit;">hile </span><span style="letter-spacing: -0.1pt; line-height: inherit;">IPSCO’s, </span><span style="letter-spacing: -0.1pt; line-height: inherit;">Maverick’s </span><span style="letter-spacing: -0.1pt; line-height: inherit;">and</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> Hydril’s customer relationships </span><span style="letter-spacing: -0.1pt; line-height: inherit;">are</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> fully amortized.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">G</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Right-of-use assets and lease liabilities</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Leases are recognized as a right-of-use asset and a corresponding liability at the date at which the leased asset is available for use by the group. Each lease payment is allocated between the liability and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The right-of-use asset is depreciated over the lease term on a straight-line basis.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Lease liabilities include the net present value of i) fixed payments, less any lease incentives receivable, ii) variable lease payments that are based on an index or a rate, iii) amounts expected to be payable by the lessee under residual value guarantees, iv) the exercise price of a purchase option if the lessee is reasonably certain to exercise that option, and v) payments of penalties for terminating the lease, if the lease term reflects the lessee exercising that option.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The lease payments are discounted using the interest rate implicit in the lease. If that rate cannot be determined, the lessee’s incremental borrowing rate is used, being the rate that the lessee would have to pay to borrow the funds necessary to obtain an asset of similar value in a similar economic environment with similar terms and conditions.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Right-of-use assets are measured at cost comprising the amount of the initial measurement of lease liability, any lease payments made at or before the commencement date less any lease incentives received and any initial direct costs incurred by the lessee.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.05pt; text-indent: -28.05pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">In determining the lease term, management considers all facts and circumstances that create an economic incentive to exercise an extension option or early termination, or not to exercise a termination option. Extension options (or periods after termination options) are only included in the lease term if the lease is reasonably certain to be extended (or not terminated).</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Payments associated with short-term leases, variable leases and leases of low value assets are recognized on a straight-line basis as expenses in profit or loss. Short-term leases are leases with a lease term of 12 months or less.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">H</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Impairment of non-financial assets</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Long-lived assets including identifiable intangible assets are reviewed for impairment at the lowest level for which there are separately identifiable cash flows (CGU). Most of the Company’s principal subsidiaries that constitute a CGU have a single main production facility and, accordingly, each of such subsidiaries represents the lowest level of asset aggregation that generates largely independent cash inflows.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Assets that are subject to amortization or depreciation are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Intangible assets with indefinite useful lives, including goodwill, are subject to at least an annual impairment test, or are tested more frequently if events or circumstances indicate that the carrying amount value may be impaired. In some circumstances where there have not been significant changes to CGU assets and liabilities as well as external and internal events which could materially alter the recoverable amount of the CGU, the most recent detailed calculation of recoverable amount made in a preceding period may be used in the impairment test for that CGU in the current period. </span><br/></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">In assessing whether there is any indication that a CGU may be impaired, external and internal sources of information are analyzed. Material facts and circumstances specifically considered in the analysis usually include the discount rate used in Tenaris’s cash flow projections and the business condition in terms of competitive, economic and regulatory factors, such as the cost of raw materials, oil and gas prices, and the evolution of the rig count.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">An impairment loss is recognized for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher between the asset’s value in use and fair value less costs of disposal. Any impairment loss is allocated to reduce the carrying amount of the assets of the CGU in the following order: </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-indent: -14.15pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">(a) first, to reduce the carrying amount of any goodwill allocated to the CGU; and</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-indent: -14.15pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">(b) then, to the other assets of the unit (group of units) pro-rata on the basis of the carrying amount of each asset in the unit (group of units), considering not to reduce the carrying amount of the asset below the highest of its fair value less cost of disposal, its value in use or zero.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Value in use is calculated by discounting the estimated cash flows over a <span style="-sec-ix-hidden:Tag3207">five year</span> period (or higher if the period can be justified) based on forecasts approved by management. For the subsequent years beyond the <span style="-sec-ix-hidden:Tag3208">five-year</span> period, a terminal value is calculated based on perpetuity considering a nominal growth rate of 2% taking into account among others, mainly the historical inflation rate.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;">For purposes of calculating the fair value less costs of disposal, Tenaris uses the estimated value of future cash flows that a market participant could generate from the corresponding CGU.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Management judgment is required to estimate discounted future cash flows. Actual cash flows and values could vary significantly from the forecasted future cash flows and related values derived using discounting techniques.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Non-financial assets other than goodwill that suffered an impairment are reviewed for possible reversal at each reporting date. For more information on impairment charges see note 5 to these Consolidated Financial Statements.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">I</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Other </span><span style="font-weight: bold; line-height: inherit;">i</span><span style="font-weight: bold; line-height: inherit;">nvestments</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Other investments consist primarily of investments in financial instruments and time deposits with a maturity of more than three months at the date of purchase.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Certain non-derivative financial assets that the Company held not for trading have been categorized as financial assets at fair value through other comprehensive income (“FVOCI”), as the business model objective is achieved by both holding financial assets in order to collect contractual cash flows and selling financial assets. They are carried at fair value and interest income from these financial assets is included in finance income using the effective interest rate method. Unrealized gains or losses are recorded as a fair value adjustment in the Consolidated Statement of Comprehensive Income and transferred to the Consolidated Income Statement when the financial asset is sold. Exchange gains and losses and impairments related to the financial assets are immediately recognized in the Consolidated Income Statement. FVOCI instruments with maturities greater than 12 months after the balance sheet date are included in non-current assets.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Other investments in financial instruments and time deposits are categorized as financial assets at fair value through profit or loss (“FVPL”) because such investments are held for trading and their performance is evaluated on a fair value basis. The results of these investments are recognized in <span style="font-style: italic; line-height: inherit;">Financial Results</span> in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Purchases and sales of financial investments are recognized as of their settlement date.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">The fair values of quoted investments are </span><span style="letter-spacing: -0.1pt; line-height: inherit;">generally </span><span style="letter-spacing: -0.1pt; line-height: inherit;">based on current bid prices. If the market for a financial investment is not active or the securities are not listed, Tenaris estimates the fair value by using standard valuation techniques</span><span style="letter-spacing: -0.1pt; line-height: inherit;">. S</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ee s</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ectio</span><span style="letter-spacing: -0.1pt; line-height: inherit;">n III Financial Risk Management</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div style="line-height: 1.2;"><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">J</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Inventories</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Inventories are stated at the lower between cost and net realizable value. The cost of finished goods and goods in process is comprised of raw materials, direct labor, utilities, freights and other direct costs and related production overhead costs, and it excludes borrowing costs. The allocation of fixed production costs, including depreciation and amortization charges, is based on the normal level of production capacity. Inventories cost is mainly based on the FIFO method. Tenaris estimates net realizable value of inventories by grouping, where applicable, similar or related items. Net realizable value is the estimated selling price in the ordinary course of business, less any estimated costs of completion and selling expenses. Goods in transit as of year-end are valued based on the supplier’s invoice cost.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Tenaris establishes an allowance for obsolete or slow-moving inventories related to finished goods, goods in process, supplies and spare parts. For slow moving or obsolete finished products, an allowance is established based on management’s analysis of product aging. An allowance for obsolete and slow-moving inventory of supplies and spare parts is established based on management's analysis of such items to be used as intended and the consideration of potential obsolescence due to technological changes, aging and consumption patterns.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">K</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Trade </span><span style="font-weight: bold; line-height: inherit;">and other </span><span style="font-weight: bold; line-height: inherit;">receivables</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Trade and other receivables are recognized initially at</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> fair value that corresponds to</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> the amount of consideration that is unconditional unless they contain significant financing c</span><span style="letter-spacing: -0.1pt; line-height: inherit;">omponents. The Company holds</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> trade receivables with the objective to collect the contractual cash flows and therefore measu</span><span style="letter-spacing: -0.1pt; line-height: inherit;">res them subsequently at amortiz</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ed cost using the effective interest method. </span><span style="letter-spacing: -0.1pt; line-height: inherit;">Due to the short-term nature, their carrying amount is considered to be the same as their fair value</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Tenaris applies the</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> IFRS 9</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> “Financial Instruments”</span><span style="letter-spacing: -0.1pt; line-height: inherit;">simplified approach to measure</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> expected credit losses</span><span style="letter-spacing: -0.1pt; line-height: inherit;">,</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> which uses a lifetime expected loss allowance for all trade receivables. To measure the expected credit losses, trade receivables have been grouped based on shared credit risk characteristics and the days past due. The expected loss rates are based on the payment profiles of sales over a period of </span><span style="letter-spacing: -0.1pt; line-height: inherit;">three</span><span style="letter-spacing: -0.1pt; line-height: inherit;">years</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> and the corresponding historical credit losses exp</span><span style="letter-spacing: -0.1pt; line-height: inherit;">erienced within this period. The expected loss allowance also</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> reflect</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> current and forward-looking information on macroeconomic factors affecting the ability</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> of</span><span style="letter-spacing: -0.1pt; line-height: inherit;">each </span><span style="letter-spacing: -0.1pt; line-height: inherit;">custo</span><span style="letter-spacing: -0.1pt; line-height: inherit;">mer to settle the receivables.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">L</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Cash and cash equivalents</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Cash and cash equi</span><span style="letter-spacing: -0.1pt; line-height: inherit;">valents are comprised of cash at</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> banks, liquidity funds and short-term investments with a maturity of less than three months at the date of purchase which are readily convertible to known amounts of cash. Assets recorded in cash and cash equivalents are carried at fair market value or at historical cost which </span><span style="letter-spacing: -0.1pt; line-height: inherit;">approximates fair market value.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">In the Consolidated Statement of Financial Position, bank overdrafts are included in </span><span style="font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">Borrowings</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> in current liabilities.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">For the purposes of the </span><span style="letter-spacing: -0.1pt; line-height: inherit;">Consolidated Statement of C</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ash </span><span style="letter-spacing: -0.1pt; line-height: inherit;">F</span><span style="letter-spacing: -0.1pt; line-height: inherit;">low</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;">, </span><span style="font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">C</span><span style="font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">ash and cash equivalents</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> includes </span><span style="letter-spacing: -0.1pt; line-height: inherit;">overdrafts</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">M</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">E</span><span style="font-weight: bold; line-height: inherit;">quity</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 55px;">Equity</span><span style="font-style: italic; font-weight: bold; line-height: inherit;"> components</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Consolidated Statement of Changes in Equity includes:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; font-size: 10pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The value of share capital, legal reserve, share premium and other distributable reserves calculated in accordance with Luxembourg law;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; margin: 0pt; padding-left: 0pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-style: normal; line-height: inherit;">The currenc</span>y translation adjustment, other reserves, retained earnings and non-controlling interest calculated in accordance with IFRS.</span><br/></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 18pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; break-after: avoid; break-inside: avoid; text-indent: -36pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 55px;">Share cap</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">it</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">al</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company has an authorized share capital of a single class of 2.5 billion shares having a nominal value of $1.00 per share. Total ordinary shares issued and outstanding as of December 31, 2022, <span style="border-left: none; border-right: none; line-height: inherit;">2021</span> and <span style="border-left: none; border-right: none; line-height: inherit;">2020</span> are 1,180,536,830 with a par value of $1.00 per share with one vote each. All issued shares are fully paid.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -36pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(3)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 55px;">Dividends distribution by the Company to shareholders </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Dividends distributions are recorded in the Company’s financial statements when Company’s shareholders have the right to receive the payment, or when interim dividends are approved by the Board of Directors in accordance with the by-laws of the Company.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Dividends may be paid by the Company to the extent that it has distributable retained earnings, calculated in accordance with Luxembourg law. See note 26 (iii) to these Consolidated Financial Statements.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">N</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Borrowings</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Borrowings are recognized initially at fair value net of transaction costs incurred and subsequently measured at amortized cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognized in profit or loss over the period of the borrowings using the effective interest method.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">O</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Current and d</span><span style="font-weight: bold; line-height: inherit;">eferred income tax</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The income tax expense or credit for the period is the tax payable or recoverable on the current period’s taxable income based on the applicable income tax rate for each jurisdiction adjusted by changes in deferred tax assets and liabilities attributable to temporary differences and to unused tax losses. Tax is recognized in the Consolidated Income Statement, except for tax items recognized in other comprehensive income or directly in equity.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the reporting date in the countries where the Company’s subsidiaries operate and generate taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulations are subject to interpretation and establishes provisions when appropriate.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Deferred income tax is recognized applying the liability method on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements. The temporary differences arise mainly from the effect of currency translation on depreciable fixed assets and inventories, depreciation on property, plant and equipment, valuation of inventories, provisions for post-employment benefits and other long-term employee benefits, fair value adjustments of assets acquired in business combinations and net operating loss carry-forwards. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the time period when the asset is realized or the liability is settled, based on tax laws that have been enacted or substantively enacted at the reporting date. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation and considers whether it is probable that a taxation authority will accept an uncertain tax treatment. The Company measures its tax balances either based on the most likely amount or the expected value, depending on which method provides a better prediction of the resolution of the uncertainty.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Deferred tax assets are recognized to the extent that it is probable that future taxable income will be available against which the temporary differences can be utilized. At the end of each reporting period, Tenaris reassesses unrecognized deferred tax assets. Tenaris recognizes a previously unrecognized deferred tax asset to the extent that it has become probable that future taxable income will allow the deferred tax asset to be recovered.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Deferred tax liabilities and assets are not recognized for temporary differences between the carrying amount and tax basis of investments in foreign operations where the company is able to control the timing of the reversal of the temporary differences and it is probable that the differences will not reverse in the foreseeable future.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Deferred tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets and liabilities and when the deferred tax balances relate to the same taxation authority. Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and intends either to settle on a net basis, or to realize the asset and settle the liability simultaneously.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Deferred tax assets and liabilities are re-measured if tax rates change. These amounts are charged or credited to the Consolidated Income Statement or to the item <span style="font-style: italic; line-height: inherit;">O</span><span style="font-style: italic; line-height: inherit;">ther co</span><span style="font-style: italic; line-height: inherit;">mprehensive income </span>in the Consolidated Statement of Comprehensive Income, depending on the account to which the original amount was charged or credited.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div style="line-height: 1.2;"><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">P</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Employee benefits</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 22.5pt; text-indent: -22.5pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">Short-term obligations</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Liabilities for wages and salaries are recognized in respect of employees’ services up to the end of the reporting period and are measured at the amounts expected to be paid when the liabilities are settled. The liabilities are presented as current employee benefit obligations in the balance sheet.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 22.5pt; break-after: avoid; break-inside: avoid; text-indent: -22.5pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">Post</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">-</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">employment benefits</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The Company has defined benefit and defined contribution plans. A defined benefit plan is a pension plan that defines an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation.</span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The liability recognized in the statement of financial position in respect of defined benefit pension plans is the present value of the defined benefit obligation at the end of the reporting period less the fair value of plan assets, if any. The defined benefit obligation is calculated annually (at year end) by independent actuaries using the projected unit credit method. The present value of the defined benefit obligation is determined by discounting the estimated future cash flows using interest rates of high-quality corporate bonds that are denominated in the currency in which the benefits will be paid, and that have terms to maturity approximating to the terms of the related pension obligation. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Remeasurement gains and losses arising from experience adjustments and changes in actuarial assumptions are charged or credited to equity in <span style="font-style: italic; line-height: inherit;">Other comprehensive income</span> in the period in which they arise. Past-service costs are recognized immediately in the Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">For defined benefit funded plans, net interest income / expense is calculated based on the surplus or deficit derived by the difference between the defined benefit obligations less fair value of plan assets. For defined contribution plans, the Company pays contributions to publicly or privately administered pension insurance plans on a mandatory, contractual or voluntary basis. The Company has no further payment obligations once the contributions have been paid. The contributions are recognized as employee benefit expenses when they are due. Prepaid contributions are recognized as an asset to the extent that a cash refund or a reduction in the future payments is available. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Tenaris sponsors funded and unfunded defined benefit pension plans in certain subsidiaries. The most significant are: </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">An unfunded defined benefit employee retirement plan for certain senior officers. The plan is designed to provide certain benefits to those officers (additional to those contemplated under applicable labor laws) in case of termination of the employment relationship due to certain specified events, including retirement. This unfunded plan provides defined benefits based on years of service and final average salary. As of December 31, 2022 the outstanding liability for this plan amounts to $43.1 million.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Employees’ service rescission indemnity: the cost of this obligation is charged to the Consolidated Income Statement over the expected service lives of employees. This provision is primarily related to the liability accrued for employees at<span style="line-height: inherit;"> </span>Tenaris’s<span style="line-height: inherit;"> </span>Italian subsidiary. As from January 1, 2007 as a consequence of a change in an Italian law, employees were entitled to make contributions to external funds, thus,<span style="line-height: inherit;"> </span>Tenaris’s<span style="line-height: inherit;"> </span>Italian subsidiary pays every year the required contribution to the funds with no further obligation. As a result, the plan changed from a defined benefit plan to a defined contribution plan effective from that date, but only limited to the contributions of 2007 onwards. As of December 31, 2022 the outstanding liability for this plan amounts to $10.7 million.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -23.8px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; line-height: inherit; display: inline !important;">Funded retirement benefit plan held in the U.S. for the benefit of some employees hired prior a certain date, frozen for the purposes of credited service as well as determination of final average pay for the retirement benefit calculation. Plan assets consist primarily of investments in equities and money market funds. Additionally, an unfunded post-retirement health and life plan is present that offers limited medical and life insurance benefits to the retirees, frozen to new participants. As of December 31, 2022 the outstanding liability for these plans amounts to $7.1 million.<br/></span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div><div style="border-left: none; border-right: none;"/></div><ul style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -23.8px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; line-height: inherit; display: inline !important;">Funded retirement benefit plans held in Canada for salary and hourly employees hired prior to a certain date based on years of service and, in the case of salaried employees, final average salary. Plan assets consist primarily of investments in debt and equity instruments. Both plans were replaced for defined contribution plans. Effective June 2016 the salary plan was frozen for the purposes of credited service as well as determination of final average pay. As of December 31, 2022 the plan was<span style="line-height: inherit;"> </span>overfunded<span style="line-height: inherit;"> </span>and the net assets related to this plan amounted to $10.4 million.<br/></span></span></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; break-after: avoid; break-inside: avoid; text-indent: -21.3pt; text-align: justify;"><br/></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; break-after: avoid; break-inside: avoid; text-indent: -21.3pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(3)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">O</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">ther long-</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">term benefits </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">During 2007, Tenaris launched an <span style="letter-spacing: -0.1pt; line-height: inherit;">employee retention and long</span><span style="letter-spacing: -0.1pt; line-height: inherit;">-</span><span style="letter-spacing: -0.1pt; line-height: inherit;">term incentive program</span> (the “Program”) applicable to certain senior officers and employees of the Company, who will be granted a number of units throughout the duration of the Program. The value of each of these units is based on Tenaris’s shareholders’ equity (excluding non-controlling interest). Until the end of 2017, the units were vested ratably over a period of four years and were mandatorily redeemed by the Company ten years after grant date, with the option of an early redemption at seven years after the grant date. Since 2018, the units are vested ratably over the same period and are mandatorily redeemed by the Company seven years after grant date. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The beneficiaries of the Program are entitled to receive cash amounts based on: (i) the amount of dividend payments made by Tenaris to its shareholders and (ii) the number of units held by each beneficiary to the Program. The payment of the benefit is tied to the book value of the shares, and not to their market value. Tenaris valued this long-term incentive program as a long-term benefit plan as classified in IAS 19, “Employee Benefits”.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As of December 31, 2022 and 2021, the outstanding liability corresponding to the Program amounts to $94.4 million and $84.2 million, respectively. The total value of the units granted (vested and unvested) to date under the program, considering the number of units and the book value per share as of December 31, 2022 and 2021, is $123.9 million and $99.6 million, respectively.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-indent: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(4)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">Termination benefits</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Termination benefits are payable when employment is terminated by Tenaris before the normal retirement date, or when an employee accepts voluntary redundancy in exchange for these benefits. Tenaris recognizes termination benefits at the earlier of the following dates: (a) when it can no longer withdraw the offer of those benefits; and (b) when the costs for a restructuring that is within the scope of IAS 37 involves the payment of terminations benefits. In the case of an offer made to encourage voluntary redundancy, the termination benefits are measured based on the number of employees expected to accept the offer.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; break-after: avoid; break-inside: avoid; text-indent: -36pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(5)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">Other compensation obligations</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Employee entitlements to annual leave, long-service leave, sick leave and other bonuses and compensations obligations are accrued as earned.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Compensation to employees in the event of dismissal is charged to income in the year in which it becomes payable.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none; line-height: 1.2;"><div style="border-left: none; border-right: none;"><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">Q</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Provisions </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris is subject to various claims, lawsuits and other legal proceedings, including customer claims, in which a third party is seeking payment for alleged damages, reimbursement for losses or indemnity. Tenaris’s potential liability with respect to such claims, lawsuits and other legal proceedings cannot be estimated with certainty. Management periodically reviews the status of each significant matter and assesses potential financial exposure. If, as a result of past events, a potential loss from a claim or proceeding is considered probable and the amount can be reliably estimated, a provision is recorded. Accruals for loss contingencies reflect a reasonable estimate of the losses to be incurred based on information available to management as of the date of preparation of the financial statements, and take into consideration Tenaris’s litigation and settlement strategies. These estimates are primarily constructed with the assistance of legal counsel. As the scope of liabilities become better defined, there may be changes in the estimates of future costs which could have a material adverse effect on its results of operations, financial condition and cash flows. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">If Tenaris expects to be reimbursed for an accrued expense, as would be the case for an expense or loss covered under an insurance contract, and reimbursement is considered virtually certain, the expected reimbursement is recognized as a receivable.</span></p></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">This note should be read in conjunction with note 26 to these Consolidated Financial Statements.</span></p></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">R</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Trade and other payables </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Trade and other payables are recognized initially at fair value, generally the nominal invoice amount and subsequently measured at amortized cost. They are presented as current liabilities unless payment is not due within twelve months after the reporting period. Due to the short-term nature their carrying amounts are considered to be the same as their fair value.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">S</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Revenue recognition </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Revenue comprises the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of Tenaris’s activities. The revenue recognized by the Company is measured at the transaction price of the consideration received or receivable to which the Company is entitled to, reduced by estimated returns and other customer credits, such as discounts and volume rebates, based on the expected value to be realized and after eliminating sales within the group. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Revenue is recognized at a point in time or over time from sales when control has been transferred and there is no unfulfilled performance obligation that could affect the acceptance of the product by the customer. The control is transferred upon delivery. Delivery occurs when the products have been shipped to the specific location, the risks of obsolescence and loss have been transferred and either the customer has accepted the product in accordance with the sales contract, the acceptance provisions have lapsed or the Company has objective evidence that all criteria for acceptance have been satisfied, including all performance obligations. These conditions are determined and analyzed on a contract by contract basis to ensure that all performance obligations are fulfilled. In particular, Tenaris verifies customer acceptance of the goods, the satisfaction of delivery terms and any other applicable condition.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">For bill and hold transactions</span><span style="font-weight: normal; line-height: inherit;"> revenue is recognized only to the extent that (a) the reason for the bill and hold arrangement must be substantive (for example, the customer has requested the arrangement); (b) the products have been specifically identified and are ready for delivery; (c) the Company </span><span style="font-weight: normal; line-height: inherit;">does not</span><span style="font-weight: normal; line-height: inherit;"> have the ability to use the product or to direct it to another customer; (d</span><span style="font-weight: normal; line-height: inherit;">) the usual payment terms apply.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company’s contracts with customers do not provide any material variable consideration, other than discounts, rebates and right of return. Discounts and rebates are recognized based on the most likely value and rights of return are based on expected value considering past experience and contract conditions.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;">Where the contracts include multiple performance obligations, the transaction price is allocated to each performance obligation based on the stand-alone selling prices. Where these are not directly observable, they are estimated based on the expected cost plus margin.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">There are no judgements applied by management that significantly affect the determination of timing of satisfaction of performance obligations, nor the transaction price and amounts allocated to different performance obligations. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris provides services primarily related to goods sold, which represent a non-material portion of sales revenue and mainly include:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Pipe Management Services</span><span style="font-style: italic; line-height: inherit;">:</span> This comprises mainly preparation of the pipes ready to be run, delivery to the customer, storage services and rig return.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Field Services</span><span style="font-style: italic; line-height: inherit;">:</span> Comprises field technical support and running assistance.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">These services are rendered in connection to the sales of goods and are attached to contracts with customers for the sale of goods. A significant portion of service revenue is recognized in the same period as the goods sold. There are no distinct uncertainties in the revenues and cash flows of the goods sold and services rendered as they are included in the same contract, have the same counterparty and are subject to the same conditions.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company also provides hydraulic fracturing and coiled tubing services. The revenue related to these services is included in the Other segment.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Revenue from providing services is recognized over time in the accounting period in which the services are rendered. The following inputs and outputs methods are applied to recognize revenue considering the nature of service:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Storage services</span><span style="font-style: italic; line-height: inherit;">:</span> the Company provides storage services in owned or third-party warehouses, subject to a variable fee to be invoiced. This fee is determined based on the time that the customer maintains the material in the warehouse and the amount of the material stored. In the majority of cases, to quantify the amount to be invoiced in any given month, the monthly average fee of storage per ton is multiplied by the monthly average stock stored (in tons).</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Freights</span><span style="font-style: italic; line-height: inherit;">:</span> the Company recognized the revenue on a pro rata basis considering the units delivered and time elapsed. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Field services</span><span style="font-style: italic; line-height: inherit;">:</span> the revenue is recognized considering output methods, in particular surveys of service completion provided by the customer.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company does not expect to have any contracts where the period between the transfer of the promised goods or services to the customer and payment by the customer exceeds one year. As a consequence, considering that the contracts do not include any significant financing component, the Company does not adjust any of the transaction prices for the time value of money. For this reason, the Company is also applying the practical expedient not to disclose details on transaction prices allocated to the remaining performance obligations as of the end of the reporting period.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Tenaris only provides standard quality warranties assuring that the goods sold will function as expected or are fit for their intended purpose, with no incremental service to the customer. Accordingly, warranties do not constitute a separate performance obligation.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Other revenues earned by Tenaris are recognized on the following basis:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Interest income: on the effective yield basis. </span></li><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Dividend income from investments in other companies: when Tenaris’s right to receive payment is established.</span></li><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Construction contracts revenues are recognized in accordance with the stage of the project completion.</span></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 18pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><h4 style="line-height: 12pt; margin: 0pt; break-after: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">T</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Cost of sales and </span><span style="font-weight: bold; line-height: inherit;">other selling expenses</span></span></h4><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Cost of sales and other selling expenses are recognized in the Consolidated Income Statement on the accrual basis of accounting.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Commissions, freights and other selling expenses, including shipping and handling costs, are recorded in <span style="font-style: italic; line-height: inherit;">S</span><span style="font-style: italic; line-height: inherit;">elling, general and administrative expense</span><span style="font-style: italic; line-height: inherit;">s</span> in the Consolidated Income Statement.</span></p><h4 style="line-height: 11pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></h4><h4 style="line-height: 12pt; margin: 0pt; break-after: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">U</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Earnings per share</span></span></h4><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Earnings per share are calculated by dividing the income attributable to the shareholders’ equity by the daily weighted average number of common shares outstanding during the year. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">There are no dilutive potential ordinary shares.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><h4 style="line-height: 12pt; margin: 0pt; break-after: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">V</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">F</span><span style="font-weight: bold; line-height: inherit;">inancial instruments</span></span></h4><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Non derivative financial instruments comprise investments in financial debt instruments and equity, time deposits, trade and other receivables, cash and cash equivalents, borrowings and trade and other payables.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The Company classifies its financial instruments according to the following measurement categories:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; list-style-position: inside; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> those to be measured subsequently at fair value (either through OCI or through profit or loss), and</span></li><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; list-style-position: inside; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> those to be measured at amortised cost.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The classification depends on the Company’s business model for managing the financial assets and contractual terms of the cash flows.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Financial assets are recognized on their settlement date. Financial assets are derecognized when the rights to receive cash flows from the financial assets have expired or have been transferred and the Company has transferred substantially all the risks and rewards of ownership.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">At initial recognition, the Company measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at fair value through profit or loss are expenses in profit or loss.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Subsequent measurement of debt instruments depends on the Company’s business model for managing the asset and the cash flow characteristics of the asset. There are three measurement categories into which the Company classifies its debt instruments:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Amortized Cost: Assets that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest. Interest income from these financial assets is included in finance income using the effective interest rate method.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Exchange gains and losses and impairments related to the financial assets are immediately recognized in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Fair value through other comprehensive income: Assets that are held for collection of contractual cash flows and for selling the financial assets, where the assets’ cash flows represent solely payments of principal and interest. Interest income from these financial assets is included in finance income using the effective interest rate method. Unrealized gains or losses are recorded as a fair value adjustment in the Consolidated Statement of Comprehensive Income and transferred to the Consolidated Income Statement when the financial asset is sold.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Fair value through profit and loss: Assets that do not meet the criteria for amortized cost or FVOCI. Changes in fair value of financial instruments at FVPL are immediately recognized in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Equity instruments are subsequently measured at fair value. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Accounting for derivative financial instruments and hedging activities is included within the section III, Financial Risk Management. </span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Investment In Associates And Joint Ventures Explanatory
DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory
|
<p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">B</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Group accounting</span></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 51px;">Subsidiaries and transactions with non-controlling interests</span></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Subsidiaries are all entities over which Tenaris has control. Tenaris controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Subsidiaries are fully consolidated from the date on which control is exercised by the Company and are no longer consolidated from the date control ceases. </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The acquisition method of accounting is used to account for the acquisition of subsidiaries by Tenaris. The cost of an acquisition is measured as the fair value of the assets transferred, equity instruments issued and liabilities incurred or assumed at the date of exchange. Acquisition-related costs are expensed as incurred. Identifiable assets acquired, liabilities and contingent liabilities assumed in a business combination are generally measured initially at their fair values at the acquisition date. Any non-controlling interest in the acquiree is measured either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s net identifiable assets. The excess of the aggregate of the consideration transferred and the amount of any non-controlling interest in the acquiree over the fair value of the identifiable net assets acquired is recorded as goodwill. If this is less than the fair value of the net assets of the subsidiary acquired, the difference is recognized directly in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Contingent consideration is classified either as equity or as a financial liability. Amounts classified as a financial liability are subsequently remeasured to fair value with changes in fair value recognized in profit or loss.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">If the business combination is achieved in stages, the acquisition date carrying value of the acquirer’s previously held equity interest in the acquiree is remeasured to fair value at the acquisition date. Any gains or losses arising from such remeasurement are recognized in profit or loss.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Transactions with non-controlling interests that do not result in a loss of control are accounted as transactions with equity owners of the Company. For purchases from non-controlling interests, the difference between any consideration paid and the relevant share acquired of the carrying value of net assets of the subsidiary is recorded in equity. Gains or losses on disposals to non-controlling interests are also recorded in equity.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">When the Company ceases to have control or significant influence, any retained interest in the entity is remeasured to its fair value, with the change in carrying amount recognized in profit or loss. The fair value is the initial carrying amount for the purposes of subsequently accounting for the retained interest as an associate, joint venture or financial asset. In addition, any amounts previously recognized in other comprehensive income in respect of that entity are accounted for as if the group had directly disposed of the related assets or liabilities. This may mean that amounts previously recognized in other comprehensive income are reclassified to profit or loss. </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Material intercompany transactions, balances and unrealized gains (losses) on transactions between Tenaris subsidiaries have been eliminated in consolidation. However, since the functional currency of some subsidiaries is its respective local currency, some financial gains (losses) arising from intercompany transactions are generated. These are included in the Consolidated Income Statement under <span style="font-style: italic; line-height: inherit;">Other f</span><span style="font-style: italic; line-height: inherit;">inancial results</span>. </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 47px;">Non-consolidated companies</span></span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Non-consolidated companies are all entities in which Tenaris has significant influence but not control, generally accompanying a shareholding of between 20% and 50% of the voting rights. Investments in non-consolidated companies (associates and joint ventures) are accounted for by the equity method of accounting and are initially recognized at cost (as defined by IAS 28, “Investments in Associates and Joint Ventures”). The Company’s investment in non-consolidated companies includes goodwill identified in acquisition, net of any accumulated impairment loss.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Under the equity method of accounting, the investments are initially recognized at cost and adjusted thereafter to recognize Tenaris’s share of the post-acquisition profits or losses of the investee in profit or loss, and Tenaris’s share of movements in other comprehensive income of the investee in other comprehensive income. Dividends received or receivable from associates and joint ventures are recognized as a reduction in the carrying amount of the investment.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><br/></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;">If material, unrealized results on transactions between Tenaris and its non-consolidated companies are eliminated to the extent of Tenaris’s interest in the non-consolidated companies. Unrealized losses are also eliminated unless the transaction provides evidence of an impairment indicator of the asset transferred. Financial statements of non-consolidated companies </span><span style="font-style: normal; line-height: inherit;">are</span><span style="font-style: normal; line-height: inherit;"> adjusted where necessary to ensure consistency with IFRS.</span></span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;">The Company’s pro-rata share of earnings in non-consolidated companies is recorded in the Consolidated Income Statement under </span><span style="font-style: italic; line-height: inherit;">Equity in earnings</span><span style="font-style: italic; line-height: inherit;">of non-consolidated companies</span><span style="font-style: normal; line-height: inherit;">. The Company’s pro-rata share of changes in other comprehensive income is recognized in the Consolidated Statement of Comprehensive Income.</span></span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; break-after: avoid; break-inside: avoid; text-indent: -18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">a) Ternium</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">At December 31, 2022, Tenaris held 11.46% of Ternium S.A. (“Ternium”) common stock. The following factors and circumstances evidence that Tenaris has significant influence over Ternium:</span></p><p style="line-height: 1.2; margin: 0px; break-after: avoid; break-inside: avoid; text-align: justify; text-indent: 0px;"><br/></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 16.68pt; padding-left: 4.62pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Both the Company and Ternium are under the indirect common control of San Faustin S.A. (“San Faustin”);</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 16.68pt; padding-left: 4.62pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Four out of nine members of Ternium’s Board of Directors (including Ternium’s Chairman) are also members of the Company’s Board of Directors;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 16.68pt; padding-left: 4.62pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Under the shareholders’ agreement by and between the Company and Techint Holdings S.àr.l, a wholly owned subsidiary of San Faustin and Ternium’s main shareholder, dated January 9, 2006, Techint Holdings S.àr.l, is required to take actions within its power to cause (a) one of the members of Ternium’s Board of Directors to be nominated by the Company and (b) any director nominated by the Company to be removed from Ternium’s Board of Directors only pursuant to previous written instructions of the Company.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">b)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: inherit;"> </span><span style="font-style: italic; line-height: inherit;">Usiminas</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">At December 31, 2022, Tenaris held, through its Brazilian subsidiary Confab Industrial S.A. (“Confab”), 36.5 million ordinary shares and 1.3 million preferred shares of Usinas Siderúrgicas de Minas Gerais S.A. - Usiminas (“Usiminas”), representing 5.19% of its shares with voting rights and 3.07% of its total share capital. </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Confab’s acquisition of the Usiminas shares was part of a larger transaction performed on January 16, 2012, pursuant to which Tenaris’s affiliate Ternium (through certain of its subsidiaries) and Confab acquired a large block of Usiminas ordinary shares and joined Usiminas’ existing control group. Subsequently, in 2016, Ternium and Confab subscribed to additional ordinary shares and to preferred shares. </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">At December 31, 2022, the Usiminas control group held, in the aggregate, 483.6 million ordinary shares bound to the Usiminas shareholders’ agreement, representing approximately 68.6% of Usiminas’ voting capital. The Usiminas control group, which is bound by a long-term shareholders’ agreement that governs the rights and obligations of Usiminas’ control group members, is currently composed of three sub-groups: the T/T Group, comprising Confab and certain Ternium entities; the NSC Group, comprising Nippon Steel Corporation (“NSC”), Metal One Corporation and Mitsubishi Corporation; and Usiminas’ pension fund Previdência Usiminas. The T/T Group holds approximately 47.1% of the total shares held by the control group (39.5% corresponding to the Ternium entities and the other 7.6% corresponding to Confab); the NSC Group holds approximately 45.9% of the total shares held by the control group; and Previdência Usiminas holds the remaining 7%.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The corporate governance rules reflected in the Usiminas shareholders agreement include, among others, an alternation mechanism for the nomination of each of the Chief Executive Officer (“CEO”) and the Chairman of the Board of Directors of Usiminas, as well as a mechanism for the nomination of other members of Usiminas’ executive board. The Usiminas shareholders agreement also provides for an exit mechanism consisting of a buy-and-sell procedure (exercisable at any time after November 16, 2022, and applicable with respect to shares held by NSC and the T/T Group), which would allow either Ternium or NSC to purchase all or a majority of the Usiminas shares held by the other shareholder.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Confab and the Ternium entities party to the Usiminas shareholders agreement have a separate shareholders agreement governing their respective rights and obligations as members of the T/T Group. Such separate agreement includes, among others, provisions granting Confab certain rights relating to the T/T Group’s nomination of Usiminas’ officers and directors under the Usiminas shareholders agreement. Those circumstances evidence that Tenaris has significant influence over Usiminas.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><br/></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">c)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: inherit;"> </span><span style="font-style: italic; line-height: inherit;">Techgen</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Techgen S.A. de C.V. (“Techgen”), which operates an electric power plant in Mexico, is a joint venture company owned 48% by Ternium, 30% by Tecpetrol International S.A. (“Tecpetrol”) and 22% by Tenaris. The Company, Ternium and Tecpetrol are parties to a shareholders’ agreement relating to the governance of Techgen and are under the indirect common control of San Faustin. Based on the facts stated above, the Company has determined that it has significant influence over this entity.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">d)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: inherit;"> </span><span style="font-style: italic; line-height: inherit;">Global Pipe Company</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 7.1pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Global Pipe Company (“GPC”) is a Saudi-German joint venture, established in 2010 and located in Jubail, Saudi Arabia, which manufactures LSAW pipes. Tenaris, through its subsidiary Saudi Steel Pipe Company (“SSPC”), currently owns 35% of the share capital of GPC. In accordance with GPC’s bylaws, SSPC’s 35% equity interest entitles SSPC to appoint four of the eleven members of the Board of Directors of GPC. In addition, SSPC has the ability to block any shareholder resolution. Based on the facts stated above, the Company has determined that it has significant influence over this entity.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris carries its investments in non-consolidated companies under the equity method, with no additional goodwill or intangible assets recognized. Tenaris reviews investments in non-consolidated companies for impairment whenever events or changes in circumstances indicate that the asset’s carrying amount may not be recoverable. For more information see note 13 to these Consolidated Financial Statements.</span></p> | |
| CY2022Q4 | ifrs-full |
Assets Recognised In Entitys Financial Statements In Relation To Structured Entities
AssetsRecognisedInEntitysFinancialStatementsInRelationToStructuredEntities
|
0 | usd |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Segment Reporting Explanatory
DescriptionOfAccountingPolicyForSegmentReportingExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">C</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Segment information</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The Company is organized in one major business segment, Tubes, which is also the reportable operating segment. All other business activities and operating segments that are not required to be separately reported, are disclosed in the Other segment.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Tubes segment includes the production and sale of both seamless and welded steel tubular products and related services mainly for the oil and gas industry, particularly oil country tubular goods (“OCTG”) used in drilling operations, and for other industrial applications with production processes that consist in the transformation of steel into tubular products. Business activities included in this segment are mainly dependent on the oil and gas industry worldwide, as this industry is a major consumer of steel pipe products, particularly OCTG used in drilling activities. Demand for steel pipe products from the oil and gas industry has historically been volatile and depends primarily upon the number of oil and natural gas wells being drilled, completed and reworked, and the depth and drilling conditions of these wells. Sales are generally made to end users, with exports being done through a centrally managed global distribution network and domestic sales are made through local subsidiaries.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10.0pt; mso-bidi-font-size: 12.0pt; font-family: 'Frutiger 45 Light','sans-serif'; mso-fareast-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;">The Other segment includes all business activities related to </span>the production and selling of sucker rods, industrial equipment, coiled tubing, tubes used for plumbing applications, oilfield / hydraulic fracturing services, energy and raw materials that exceed internal requirements.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris’s Chief Operating Decision Maker (“CODM”) holds monthly meetings with senior management, in which operating and financial performance information is reviewed. This information differs from IFRS principally as follows:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The use of direct cost methodology to calculate the inventories, while under IFRS it is at full cost, including absorption of production overheads and depreciations;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The use of costs based on previously internally defined cost estimates, while, under IFRS, costs are calculated at historical cost, mainly on a FIFO basis;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Any currency translation adjustment reclassification, when applicable, for companies that under IFRS had a different functional currency than the U.S. dollar;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Other timing differences, if any.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris presents its geographical information in five areas: North America, South America, Europe, Middle East and Africa and Asia Pacific. For purposes of reporting geographical information, net sales are allocated to geographical areas based on the customer’s location; allocation of assets, capital expenditures and associated depreciations and amortizations are based on the geographical location of the assets.</span></p> | |
| CY2022 | ts |
Number Of Major Business Segments
NumberOfMajorBusinessSegments
|
1 | pure |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Foreign Currency Translation Explanatory
DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">D</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Foreign </span><span style="font-weight: bold; line-height: inherit;">c</span><span style="font-weight: bold; line-height: inherit;">urrency </span><span style="font-weight: bold; line-height: inherit;">t</span><span style="font-weight: bold; line-height: inherit;">ranslation</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 35.45pt; break-after: avoid; break-inside: avoid; text-indent: -35.45pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 55px;">Functional</span><span style="font-style: italic; font-weight: bold; line-height: inherit;"> and presentation</span><span style="font-style: italic; font-weight: bold; line-height: inherit;"> currency</span></span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 54pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">IAS 21 (revised), “The effects of changes in foreign exchange rates” defines the functional currency as the currency of the primary economic environment in which an entity operates.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The functional and presentation currency of the Company is the U.S. dollar. The U.S. dollar is the currency that best reflects the economic substance of the underlying events and circumstances relevant to Tenaris’s global operations. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Starting January 1, 2023, the Company changed the functional currency of its Brazilian subsidiaries, from the Brazilian Real to the U.S. dollar.</span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">This decision is a result of a significant increase of its Brazilian Subsidiaries’ participation in the OCTG and line pipe international markets, a trend which started in recent years and has been strengthened in 2022, an increased level of integration of the local operations within Tenaris’s international commercial and supply chain system, as well as the fact that the main purchase agreement contracts and the long term sales agreement contracts with major international and local oil companies are both indexed to the U.S. dollar. Local steel prices are also being affected by the U.S. dollar / Brazilian Real fluctuations.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As a result of this change, except for the Italian subsidiaries whose functional currency is the Euro, Tenaris determined that the functional currency of its other subsidiaries is the U.S. dollar, based on the following principal considerations:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Sales are mainly negotiated, denominated and settled in U.S. dollars. If priced in a currency other than the U.S. dollar, the sales price may consider exposure to fluctuation in the exchange rate against the U.S. dollar;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Prices of their critical raw materials and inputs are priced and / or settled in U.S. dollars; </span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Transaction and operational environment and the cash flow of these operations have the U.S. dollar as reference currency; </span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Significant level of integration of the local operations within Tenaris’s international global distribution network;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Net financial assets and liabilities are mainly received and maintained in U.S. dollars;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.27pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The exchange rate of certain legal currencies has long-been affected by recurring and severe economic crises.</span></li></ul><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Transactions in currencies other than the functional currency</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">Transactions in currencies other than the functional currency are translated into the functional currency using the exchange rates prevailing at the date of the transactions or valuati</span><span style="font-weight: normal; line-height: inherit;">on where items are re-measured.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">At the end of each reporting period: (i) monetary items denominated in currencies other than the functional currency are translated using the closing rates; (ii) non-monetary items that are measured in terms of historical cost in a currency other than the functional currency are translated using the exchange rates prevailing at the date of the transactions; and (iii) non-monetary items that are measured at fair value in a currency other than the functional currency are translated using the exchange rates prevailing at the date when</span><span style="font-weight: normal; line-height: inherit;"> the fair value was determined.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year-end exchange rates of monetary assets and liabilities denominated in currencies other than the functional currency are recorded as gains and losses from foreign exchange and included in </span><span style="font-style: italic; font-weight: normal; line-height: inherit;">Other financial results</span><span style="font-weight: normal; line-height: inherit;"> in the Consolidated Income Statement, except when deferred in equity as qualifying cash flow hedges and qu</span><span style="font-weight: normal; line-height: inherit;">alifying net investment hedges.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(3)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Translation of financial information in currencies other than the functional currency</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Results of operations for subsidiaries whose functional currencies are not the U.S. dollar are translated into U.S. dollars at the average exchange rates for each quarter of the year. Financial statement positions are translated at the year-end exchange rates. Translation differences are recognized in a separate component of equity as currency translation adjustments. In the case of a sale or other disposal of any of such subsidiaries, any accumulated translation difference would be recognized in the Consolidated Income Statement as a gain or loss from the sale following IAS 21.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Goodwill and fair value adjustments arising from the acquisition of a foreign operation are treated as assets and liabilities of the foreign operation and translated at the closing rate.</span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Property Plant And Equipment Explanatory
DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">E</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Property, plant and equipment</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Property, plant and equipment are recognized at historical acquisition or construction cost less accumulated depreciation and impairment losses. Historical cost includes expenditure that is directly attributable to the acquisition of the items. Property, plant and equipment acquired through acquisitions accounted for as business combinations have been valued initially at the fair market value of the assets acquired.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Major overhaul and rebuilding expenditures are capitalized as property, plant and equipment only when it is probable that future economic benefits associated with the item will flow to the Company and the investment enhances the condition of assets beyond its original condition. The carrying amount of the replaced part is derecognized. Maintenance expenses on manufacturing properties are recorded as cost of products sold in the year in which they are incurred.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Cost may also include transfers from equity of any gains or losses on qualifying cash flow hedges of foreign currency purchases of property, plant and equipment. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Borrowing costs that are attributable to the acquisition or construction of certain capital assets are capitalized as part of the cost of the asset, in accordance with IAS 23 (revised), “Borrowing Costs”. Assets for which borrowing costs are capitalized are those that require a substantial period of time to prepare for their intended use.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The depreciation method is reviewed at each year end. Depreciation is calculated using the straight-line method to depreciate the cost of each asset to its residual value over its estimated useful life, as follows: </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 64px;" width="100%"><tbody><tr style="height: 16px; background-color: #ffffff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 4.92%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 54.22%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> Land </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 40.86%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> No Depreciation </span></p></td></tr><tr style="height: 16px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 4.92%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 54.22%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Buildings and improvements </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 40.86%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">30-50 years </span></p></td></tr><tr style="height: 16px; background-color: #ffffff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 4.92%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 54.22%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Plant and production equipment </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 40.86%; margin-left: 0.1px; background-color: #ffffff; height: 16px;"><p style="line-height: 12pt; margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">10-40 years </span></p></td></tr><tr style="height: 16px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 4.92%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 54.22%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> Vehicles, furniture and fixtures, and other equipment </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 40.86%; margin-left: 0.1px; height: 16px;"><p style="line-height: 12pt; margin: 0pt 0pt 0pt 1.4pt; text-indent: -1.4pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">4-10 years </span></p></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The assets’ residual values and useful lives of significant plant and production equipment are reviewed and adjusted, if appropriate, at each year-end date. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Management’s re-estimation of assets useful lives, performed in accordance with IAS 16, “Property, Plant and Equipment”, resulted in additional depreciation expenses of approximately $39 million for 2022, of $45 million for 2020 and did not materially affect depreciation expenses for 2021.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris depreciates each significant part of an item of property, plant and equipment for its different production facilities that (i) can be properly identified as an independent component with a cost that is significant in relation to the total cost of the item, and (ii) has a useful operating life that is different from another significant part of that same item of property, plant and equipment.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Gains and losses on disposals are determined by comparing the proceeds with the carrying amount of assets and are recognized under <span style="font-style: italic; line-height: inherit;">Other operating income </span>or <span style="font-style: italic; line-height: inherit;">Other operating expenses</span> in the Consolidated Income Statement.</span></p> | |
| CY2022 | ts |
Additional Depreciation Expenses
AdditionalDepreciationExpenses
|
39000000 | usd |
| CY2020 | ts |
Additional Depreciation Expenses
AdditionalDepreciationExpenses
|
45000000 | usd |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Intangible Assets And Goodwill Explanatory
DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">F</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Intangible assets</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Goodwill </span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;">Goodwill represents the excess of the acquisition cost </span><span style="font-style: normal; line-height: inherit;">over the fair value of </span><span style="font-style: normal; line-height: inherit;">Tenaris’s</span><span style="font-style: normal; line-height: inherit;"> share of net identifiable assets acquired as part of business combinations determined mainly by independent valuations. Goodwill is tested </span><span style="font-style: normal; line-height: inherit;">at least </span><span style="font-style: normal; line-height: inherit;">annually for impairment and carried at cost less accumulated impairment losses. Impairment losses on goodwill are not reversed. Goodwill is included </span><span style="font-style: normal; line-height: inherit;">in</span><span style="font-style: normal; line-height: inherit;"> the Consolidated Statement of Financial Position under </span><span style="font-style: italic; line-height: inherit;">Intangible assets, net.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-indent: 0px; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">For the purpose of impairment testing, g</span><span style="font-weight: normal; line-height: inherit;">oodwill is allocated to a </span><span style="font-weight: normal; line-height: inherit;">cash generating unit (“</span><span style="font-weight: normal; line-height: inherit;">CGU</span><span style="font-weight: normal; line-height: inherit;">”)</span><span style="font-weight: normal; line-height: inherit;"> or group of </span><span style="font-weight: normal; line-height: inherit;">CGUs</span><span style="font-weight: normal; line-height: inherit;"> that </span></span><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;">are expected to benefit from the business combination which generated the goodwill being tested. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Information systems projects</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Costs associated with maintaining computer software programs are generally recognized as an expense as incurred. However, costs directly related to the development, acquisition and implementation of information systems are recognized as intangible assets if it is probable that they have economic benefits exceeding one year and comply with the recognition criteria of IAS 38, “Intangible Assets”.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Information systems projects recognized as assets are amortized using the straight-line method over their useful lives, generally not exceeding a period of 3 years. Amortization charges are mainly classified as <span style="font-style: italic; line-height: inherit;">Selling, general and administrative expenses</span> in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Management’s re-estimation of assets useful lives, performed in accordance with IAS 38, did not materially affect amortization expenses for 2022 and 2021 and resulted in additional amortization expenses of $11.1 million for 2020.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(3)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Licenses, patents, trademarks and proprietary technology </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Licenses, patents, trademarks, and proprietary technology acquired in a business combination are initially recognized at fair value at the acquisition date. Licenses, patents, proprietary technology and those trademarks that have a finite useful life are carried at cost less accumulated amortization. Amortization is calculated using the straight-line method to allocate the cost over their estimated useful lives, which are in the range between 3 and 10 years. Amortization charges are mainly classified as <span style="font-style: italic; line-height: inherit;">Cost of Sales</span> in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The balance of acquired trademarks that have indefinite useful lives according to external appraisal amounts to $86.7 million at December 31, 2022, 2021 and 2020, and are included in Hydril CGU. Main factors considered in the determination of the indefinite useful lives include the years that they have been in service and their recognition among customers in the industry.</span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Management’s re-estimation of assets useful lives, performed in accordance with IAS 38, did not materially affect amortization expenses for 2022, 2021 and 2020.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(4)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 48px;">Research and development</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Research expenditures as well as </span>development costs that do not fulfill the criteria for capitalization are recorded as <span style="font-style: italic; line-height: inherit;">Cost of sales</span> in the Consolidated Income Statement as incurred. Research and development expenditures included in <span style="font-style: italic; line-height: inherit;">Cost of sales</span> for the years 2022, 2021 and 2020 totaled $50.7 million, $45.3 million and $41.8 million, respectively. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Capitalized costs were not material for the years 2022, 2021 and 2020.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -36pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -36pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;">(5)</span><span style="font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit; margin-left: 48px;">Customer relationship</span><span style="font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;">s</span></span></p><p style="line-height: 1.2; margin: 0pt 0.85pt 0pt 13.9pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0.9pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">In accordance with IFRS 3, "Business Combinations" and IAS 38, Tenaris has recognized the value of customer relationships separately from goodwill attributable to the acquisition of Maverick</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> Tube Corporation (“Maverick”)</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> and Hydril</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> Company (“Hydril”)</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> groups, as well as the more recent acquisi</span><span style="letter-spacing: -0.1pt; line-height: inherit;">tion</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> of </span><span style="letter-spacing: -0.1pt; line-height: inherit;">SSPC and Ipsco Tubulars Inc. (“IPSCO”)</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><br/></p><p style="line-height: 1.2; margin: 0pt 0.9pt 0pt 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Customer relationships acquired in a business combination are recognized at fair value at the acquisition date, have a finite useful life and are carried at cost less accumulated amortization. Amortization is calculated using the straight line method over the initial expected useful li</span><span style="letter-spacing: -0.1pt; line-height: inherit;">v</span><span style="letter-spacing: -0.1pt; line-height: inherit;">e</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;">which were </span><span style="letter-spacing: -0.1pt; line-height: inherit;">approximately 14 years for Maverick, 10 y</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ears for Hydril</span><span style="letter-spacing: -0.1pt; line-height: inherit;">,</span><span style="letter-spacing: -0.1pt; line-height: inherit;">9 years for </span><span style="letter-spacing: -0.1pt; line-height: inherit;">SSP</span><span style="letter-spacing: -0.1pt; line-height: inherit;">C and </span><span style="letter-spacing: -0.1pt; line-height: inherit;">3</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> year</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> for IPSCO</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt 0.9pt 0pt 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">In <span style="border-left: none; border-right: none; line-height: inherit;">2022</span>,</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> the Company has reviewed the useful life of SSPC’s customer relationships and decided to reduce </span><span style="letter-spacing: -0.1pt; line-height: inherit;">it</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> from 5 years to 3 years, consequently a higher amortization charge of approximately $4.1 million was recorded in the Consolidated Income Statement under </span><span style="font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">Selling, general and administrative expenses</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> for the year ended December 31, 2022.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Management’s re-estimation of assets useful lives, performed in accordance with IAS 38, did not affect amortization expenses for 2021 and 2020.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">As o</span><span style="letter-spacing: -0.1pt; line-height: inherit;">f December 31, 20</span><span style="letter-spacing: -0.1pt; line-height: inherit;">2</span><span style="letter-spacing: -0.1pt; line-height: inherit;">2</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> the net book</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> value </span><span style="letter-spacing: -0.1pt; line-height: inherit;">of</span><span style="letter-spacing: -0.1pt; line-height: inherit;">SSP</span><span style="letter-spacing: -0.1pt; line-height: inherit;">C</span><span style="letter-spacing: -0.1pt; line-height: inherit;">’s customer relationship amounts </span><span style="letter-spacing: -0.1pt; line-height: inherit;">to $</span><span style="letter-spacing: -0.1pt; line-height: inherit;">41.5</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> million</span><span style="letter-spacing: -0.1pt; line-height: inherit;">, with a residual useful life of </span><span style="letter-spacing: -0.1pt; line-height: inherit;">3</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> years</span><span style="letter-spacing: -0.1pt; line-height: inherit;">, w</span><span style="letter-spacing: -0.1pt; line-height: inherit;">hile </span><span style="letter-spacing: -0.1pt; line-height: inherit;">IPSCO’s, </span><span style="letter-spacing: -0.1pt; line-height: inherit;">Maverick’s </span><span style="letter-spacing: -0.1pt; line-height: inherit;">and</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> Hydril’s customer relationships </span><span style="letter-spacing: -0.1pt; line-height: inherit;">are</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> fully amortized.</span></span></p> | |
| CY2020 | ts |
Additional Amortization Expenses
AdditionalAmortizationExpenses
|
11100000 | usd |
| CY2022 | ifrs-full |
Research And Development Expense
ResearchAndDevelopmentExpense
|
50700000 | usd |
| CY2021 | ifrs-full |
Research And Development Expense
ResearchAndDevelopmentExpense
|
45300000 | usd |
| CY2020 | ifrs-full |
Research And Development Expense
ResearchAndDevelopmentExpense
|
41800000 | usd |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Leases Explanatory
DescriptionOfAccountingPolicyForLeasesExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">G</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Right-of-use assets and lease liabilities</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Leases are recognized as a right-of-use asset and a corresponding liability at the date at which the leased asset is available for use by the group. Each lease payment is allocated between the liability and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on the remaining balance of the liability for each period. The right-of-use asset is depreciated over the lease term on a straight-line basis.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Lease liabilities include the net present value of i) fixed payments, less any lease incentives receivable, ii) variable lease payments that are based on an index or a rate, iii) amounts expected to be payable by the lessee under residual value guarantees, iv) the exercise price of a purchase option if the lessee is reasonably certain to exercise that option, and v) payments of penalties for terminating the lease, if the lease term reflects the lessee exercising that option.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The lease payments are discounted using the interest rate implicit in the lease. If that rate cannot be determined, the lessee’s incremental borrowing rate is used, being the rate that the lessee would have to pay to borrow the funds necessary to obtain an asset of similar value in a similar economic environment with similar terms and conditions.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Right-of-use assets are measured at cost comprising the amount of the initial measurement of lease liability, any lease payments made at or before the commencement date less any lease incentives received and any initial direct costs incurred by the lessee.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.05pt; text-indent: -28.05pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">In determining the lease term, management considers all facts and circumstances that create an economic incentive to exercise an extension option or early termination, or not to exercise a termination option. Extension options (or periods after termination options) are only included in the lease term if the lease is reasonably certain to be extended (or not terminated).</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Payments associated with short-term leases, variable leases and leases of low value assets are recognized on a straight-line basis as expenses in profit or loss. Short-term leases are leases with a lease term of 12 months or less.</span></p> | |
| CY2022 | ts |
Period Of Lease Term Of Short Term Leases
PeriodOfLeaseTermOfShortTermLeases
|
P12M | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Impairment Of Nonfinancial Assets Explanatory
DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">H</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Impairment of non-financial assets</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Long-lived assets including identifiable intangible assets are reviewed for impairment at the lowest level for which there are separately identifiable cash flows (CGU). Most of the Company’s principal subsidiaries that constitute a CGU have a single main production facility and, accordingly, each of such subsidiaries represents the lowest level of asset aggregation that generates largely independent cash inflows.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Assets that are subject to amortization or depreciation are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Intangible assets with indefinite useful lives, including goodwill, are subject to at least an annual impairment test, or are tested more frequently if events or circumstances indicate that the carrying amount value may be impaired. In some circumstances where there have not been significant changes to CGU assets and liabilities as well as external and internal events which could materially alter the recoverable amount of the CGU, the most recent detailed calculation of recoverable amount made in a preceding period may be used in the impairment test for that CGU in the current period. </span><br/></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">In assessing whether there is any indication that a CGU may be impaired, external and internal sources of information are analyzed. Material facts and circumstances specifically considered in the analysis usually include the discount rate used in Tenaris’s cash flow projections and the business condition in terms of competitive, economic and regulatory factors, such as the cost of raw materials, oil and gas prices, and the evolution of the rig count.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">An impairment loss is recognized for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher between the asset’s value in use and fair value less costs of disposal. Any impairment loss is allocated to reduce the carrying amount of the assets of the CGU in the following order: </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-indent: -14.15pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">(a) first, to reduce the carrying amount of any goodwill allocated to the CGU; and</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-indent: -14.15pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">(b) then, to the other assets of the unit (group of units) pro-rata on the basis of the carrying amount of each asset in the unit (group of units), considering not to reduce the carrying amount of the asset below the highest of its fair value less cost of disposal, its value in use or zero.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Value in use is calculated by discounting the estimated cash flows over a <span style="-sec-ix-hidden:Tag3207">five year</span> period (or higher if the period can be justified) based on forecasts approved by management. For the subsequent years beyond the <span style="-sec-ix-hidden:Tag3208">five-year</span> period, a terminal value is calculated based on perpetuity considering a nominal growth rate of 2% taking into account among others, mainly the historical inflation rate.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;">For purposes of calculating the fair value less costs of disposal, Tenaris uses the estimated value of future cash flows that a market participant could generate from the corresponding CGU.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Management judgment is required to estimate discounted future cash flows. Actual cash flows and values could vary significantly from the forecasted future cash flows and related values derived using discounting techniques.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Non-financial assets other than goodwill that suffered an impairment are reviewed for possible reversal at each reporting date. For more information on impairment charges see note 5 to these Consolidated Financial Statements.</span></p> | |
| CY2022Q4 | ifrs-full |
Description Of Growth Rate Used To Extrapolate Cash Flow Projections
DescriptionOfGrowthRateUsedToExtrapolateCashFlowProjections
|
0.02 | pure |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Investments Other Than Investments Accounted For Using Equity Method Explanatory
DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">I</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Other </span><span style="font-weight: bold; line-height: inherit;">i</span><span style="font-weight: bold; line-height: inherit;">nvestments</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Other investments consist primarily of investments in financial instruments and time deposits with a maturity of more than three months at the date of purchase.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Certain non-derivative financial assets that the Company held not for trading have been categorized as financial assets at fair value through other comprehensive income (“FVOCI”), as the business model objective is achieved by both holding financial assets in order to collect contractual cash flows and selling financial assets. They are carried at fair value and interest income from these financial assets is included in finance income using the effective interest rate method. Unrealized gains or losses are recorded as a fair value adjustment in the Consolidated Statement of Comprehensive Income and transferred to the Consolidated Income Statement when the financial asset is sold. Exchange gains and losses and impairments related to the financial assets are immediately recognized in the Consolidated Income Statement. FVOCI instruments with maturities greater than 12 months after the balance sheet date are included in non-current assets.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Other investments in financial instruments and time deposits are categorized as financial assets at fair value through profit or loss (“FVPL”) because such investments are held for trading and their performance is evaluated on a fair value basis. The results of these investments are recognized in <span style="font-style: italic; line-height: inherit;">Financial Results</span> in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Purchases and sales of financial investments are recognized as of their settlement date.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">The fair values of quoted investments are </span><span style="letter-spacing: -0.1pt; line-height: inherit;">generally </span><span style="letter-spacing: -0.1pt; line-height: inherit;">based on current bid prices. If the market for a financial investment is not active or the securities are not listed, Tenaris estimates the fair value by using standard valuation techniques</span><span style="letter-spacing: -0.1pt; line-height: inherit;">. S</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ee s</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ectio</span><span style="letter-spacing: -0.1pt; line-height: inherit;">n III Financial Risk Management</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p> | |
| CY2022 | ts |
Maximum Maturity Period Of Fair Value Through Other Comprehensive Income Instruments For Short Term Nature
MaximumMaturityPeriodOfFairValueThroughOtherComprehensiveIncomeInstrumentsForShortTermNature
|
P12M | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Measuring Inventories
DescriptionOfAccountingPolicyForMeasuringInventories
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">J</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Inventories</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Inventories are stated at the lower between cost and net realizable value. The cost of finished goods and goods in process is comprised of raw materials, direct labor, utilities, freights and other direct costs and related production overhead costs, and it excludes borrowing costs. The allocation of fixed production costs, including depreciation and amortization charges, is based on the normal level of production capacity. Inventories cost is mainly based on the FIFO method. Tenaris estimates net realizable value of inventories by grouping, where applicable, similar or related items. Net realizable value is the estimated selling price in the ordinary course of business, less any estimated costs of completion and selling expenses. Goods in transit as of year-end are valued based on the supplier’s invoice cost.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Tenaris establishes an allowance for obsolete or slow-moving inventories related to finished goods, goods in process, supplies and spare parts. For slow moving or obsolete finished products, an allowance is established based on management’s analysis of product aging. An allowance for obsolete and slow-moving inventory of supplies and spare parts is established based on management's analysis of such items to be used as intended and the consideration of potential obsolescence due to technological changes, aging and consumption patterns.</span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Trade And Other Receivables Explanatory
DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">K</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Trade </span><span style="font-weight: bold; line-height: inherit;">and other </span><span style="font-weight: bold; line-height: inherit;">receivables</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Trade and other receivables are recognized initially at</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> fair value that corresponds to</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> the amount of consideration that is unconditional unless they contain significant financing c</span><span style="letter-spacing: -0.1pt; line-height: inherit;">omponents. The Company holds</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> trade receivables with the objective to collect the contractual cash flows and therefore measu</span><span style="letter-spacing: -0.1pt; line-height: inherit;">res them subsequently at amortiz</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ed cost using the effective interest method. </span><span style="letter-spacing: -0.1pt; line-height: inherit;">Due to the short-term nature, their carrying amount is considered to be the same as their fair value</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Tenaris applies the</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> IFRS 9</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> “Financial Instruments”</span><span style="letter-spacing: -0.1pt; line-height: inherit;">simplified approach to measure</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> expected credit losses</span><span style="letter-spacing: -0.1pt; line-height: inherit;">,</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> which uses a lifetime expected loss allowance for all trade receivables. To measure the expected credit losses, trade receivables have been grouped based on shared credit risk characteristics and the days past due. The expected loss rates are based on the payment profiles of sales over a period of </span><span style="letter-spacing: -0.1pt; line-height: inherit;">three</span><span style="letter-spacing: -0.1pt; line-height: inherit;">years</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> and the corresponding historical credit losses exp</span><span style="letter-spacing: -0.1pt; line-height: inherit;">erienced within this period. The expected loss allowance also</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> reflect</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> current and forward-looking information on macroeconomic factors affecting the ability</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> of</span><span style="letter-spacing: -0.1pt; line-height: inherit;">each </span><span style="letter-spacing: -0.1pt; line-height: inherit;">custo</span><span style="letter-spacing: -0.1pt; line-height: inherit;">mer to settle the receivables.</span></span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy To Determine Components Of Cash And Cash Equivalents
DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">L</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Cash and cash equivalents</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Cash and cash equi</span><span style="letter-spacing: -0.1pt; line-height: inherit;">valents are comprised of cash at</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> banks, liquidity funds and short-term investments with a maturity of less than three months at the date of purchase which are readily convertible to known amounts of cash. Assets recorded in cash and cash equivalents are carried at fair market value or at historical cost which </span><span style="letter-spacing: -0.1pt; line-height: inherit;">approximates fair market value.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">In the Consolidated Statement of Financial Position, bank overdrafts are included in </span><span style="font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">Borrowings</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> in current liabilities.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">For the purposes of the </span><span style="letter-spacing: -0.1pt; line-height: inherit;">Consolidated Statement of C</span><span style="letter-spacing: -0.1pt; line-height: inherit;">ash </span><span style="letter-spacing: -0.1pt; line-height: inherit;">F</span><span style="letter-spacing: -0.1pt; line-height: inherit;">low</span><span style="letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="letter-spacing: -0.1pt; line-height: inherit;">, </span><span style="font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">C</span><span style="font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">ash and cash equivalents</span><span style="letter-spacing: -0.1pt; line-height: inherit;"> includes </span><span style="letter-spacing: -0.1pt; line-height: inherit;">overdrafts</span><span style="letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Recognition Of Revenue
DescriptionOfAccountingPolicyForRecognitionOfRevenue
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<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">S</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Revenue recognition </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Revenue comprises the fair value of the consideration received or receivable for the sale of goods and rendering of services in the ordinary course of Tenaris’s activities. The revenue recognized by the Company is measured at the transaction price of the consideration received or receivable to which the Company is entitled to, reduced by estimated returns and other customer credits, such as discounts and volume rebates, based on the expected value to be realized and after eliminating sales within the group. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Revenue is recognized at a point in time or over time from sales when control has been transferred and there is no unfulfilled performance obligation that could affect the acceptance of the product by the customer. The control is transferred upon delivery. Delivery occurs when the products have been shipped to the specific location, the risks of obsolescence and loss have been transferred and either the customer has accepted the product in accordance with the sales contract, the acceptance provisions have lapsed or the Company has objective evidence that all criteria for acceptance have been satisfied, including all performance obligations. These conditions are determined and analyzed on a contract by contract basis to ensure that all performance obligations are fulfilled. In particular, Tenaris verifies customer acceptance of the goods, the satisfaction of delivery terms and any other applicable condition.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;">For bill and hold transactions</span><span style="font-weight: normal; line-height: inherit;"> revenue is recognized only to the extent that (a) the reason for the bill and hold arrangement must be substantive (for example, the customer has requested the arrangement); (b) the products have been specifically identified and are ready for delivery; (c) the Company </span><span style="font-weight: normal; line-height: inherit;">does not</span><span style="font-weight: normal; line-height: inherit;"> have the ability to use the product or to direct it to another customer; (d</span><span style="font-weight: normal; line-height: inherit;">) the usual payment terms apply.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company’s contracts with customers do not provide any material variable consideration, other than discounts, rebates and right of return. Discounts and rebates are recognized based on the most likely value and rights of return are based on expected value considering past experience and contract conditions.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;">Where the contracts include multiple performance obligations, the transaction price is allocated to each performance obligation based on the stand-alone selling prices. Where these are not directly observable, they are estimated based on the expected cost plus margin.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">There are no judgements applied by management that significantly affect the determination of timing of satisfaction of performance obligations, nor the transaction price and amounts allocated to different performance obligations. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris provides services primarily related to goods sold, which represent a non-material portion of sales revenue and mainly include:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Pipe Management Services</span><span style="font-style: italic; line-height: inherit;">:</span> This comprises mainly preparation of the pipes ready to be run, delivery to the customer, storage services and rig return.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Field Services</span><span style="font-style: italic; line-height: inherit;">:</span> Comprises field technical support and running assistance.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">These services are rendered in connection to the sales of goods and are attached to contracts with customers for the sale of goods. A significant portion of service revenue is recognized in the same period as the goods sold. There are no distinct uncertainties in the revenues and cash flows of the goods sold and services rendered as they are included in the same contract, have the same counterparty and are subject to the same conditions.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company also provides hydraulic fracturing and coiled tubing services. The revenue related to these services is included in the Other segment.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Revenue from providing services is recognized over time in the accounting period in which the services are rendered. The following inputs and outputs methods are applied to recognize revenue considering the nature of service:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Storage services</span><span style="font-style: italic; line-height: inherit;">:</span> the Company provides storage services in owned or third-party warehouses, subject to a variable fee to be invoiced. This fee is determined based on the time that the customer maintains the material in the warehouse and the amount of the material stored. In the majority of cases, to quantify the amount to be invoiced in any given month, the monthly average fee of storage per ton is multiplied by the monthly average stock stored (in tons).</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Freights</span><span style="font-style: italic; line-height: inherit;">:</span> the Company recognized the revenue on a pro rata basis considering the units delivered and time elapsed. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; line-height: inherit;">Field services</span><span style="font-style: italic; line-height: inherit;">:</span> the revenue is recognized considering output methods, in particular surveys of service completion provided by the customer.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company does not expect to have any contracts where the period between the transfer of the promised goods or services to the customer and payment by the customer exceeds one year. As a consequence, considering that the contracts do not include any significant financing component, the Company does not adjust any of the transaction prices for the time value of money. For this reason, the Company is also applying the practical expedient not to disclose details on transaction prices allocated to the remaining performance obligations as of the end of the reporting period.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Tenaris only provides standard quality warranties assuring that the goods sold will function as expected or are fit for their intended purpose, with no incremental service to the customer. Accordingly, warranties do not constitute a separate performance obligation.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Other revenues earned by Tenaris are recognized on the following basis:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Interest income: on the effective yield basis. </span></li><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Dividend income from investments in other companies: when Tenaris’s right to receive payment is established.</span></li><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Construction contracts revenues are recognized in accordance with the stage of the project completion.</span></li></ul> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Issued Capital Explanatory
DescriptionOfAccountingPolicyForIssuedCapitalExplanatory
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<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">M</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">E</span><span style="font-weight: bold; line-height: inherit;">quity</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 55px;">Equity</span><span style="font-style: italic; font-weight: bold; line-height: inherit;"> components</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Consolidated Statement of Changes in Equity includes:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; font-size: 10pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The value of share capital, legal reserve, share premium and other distributable reserves calculated in accordance with Luxembourg law;</span></li><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; margin: 0pt; padding-left: 0pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; font-style: normal; line-height: inherit;">The currenc</span>y translation adjustment, other reserves, retained earnings and non-controlling interest calculated in accordance with IFRS.</span><br/></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 18pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; break-after: avoid; break-inside: avoid; text-indent: -36pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 55px;">Share cap</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">it</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">al</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company has an authorized share capital of a single class of 2.5 billion shares having a nominal value of $1.00 per share. Total ordinary shares issued and outstanding as of December 31, 2022, <span style="border-left: none; border-right: none; line-height: inherit;">2021</span> and <span style="border-left: none; border-right: none; line-height: inherit;">2020</span> are 1,180,536,830 with a par value of $1.00 per share with one vote each. All issued shares are fully paid.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -36pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(3)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 55px;">Dividends distribution by the Company to shareholders </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Dividends distributions are recorded in the Company’s financial statements when Company’s shareholders have the right to receive the payment, or when interim dividends are approved by the Board of Directors in accordance with the by-laws of the Company.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Dividends may be paid by the Company to the extent that it has distributable retained earnings, calculated in accordance with Luxembourg law. See note 26 (iii) to these Consolidated Financial Statements.</span></p> | |
| CY2020Q4 | ifrs-full |
Number Of Shares Authorised
NumberOfSharesAuthorised
|
2500000000 | shares |
| CY2020Q4 | ifrs-full |
Par Value Per Share
ParValuePerShare
|
1 | |
| CY2022Q4 | ifrs-full |
Number Of Shares Outstanding
NumberOfSharesOutstanding
|
1180536830 | shares |
| CY2020Q4 | ifrs-full |
Number Of Shares Issued
NumberOfSharesIssued
|
1180536830 | shares |
| CY2021Q4 | ifrs-full |
Par Value Per Share
ParValuePerShare
|
1 | |
| CY2022Q4 | ifrs-full |
Par Value Per Share
ParValuePerShare
|
1 | |
| CY2021 | ts |
Number Of Votes Per Share
NumberOfVotesPerShare
|
1 | pure |
| CY2022 | ts |
Number Of Votes Per Share
NumberOfVotesPerShare
|
1 | pure |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Borrowings Explanatory
DescriptionOfAccountingPolicyForBorrowingsExplanatory
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<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">N</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Borrowings</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Borrowings are recognized initially at fair value net of transaction costs incurred and subsequently measured at amortized cost. Any difference between the proceeds (net of transaction costs) and the redemption amount is recognized in profit or loss over the period of the borrowings using the effective interest method.</span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Income Tax Explanatory
DescriptionOfAccountingPolicyForIncomeTaxExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">O</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Current and d</span><span style="font-weight: bold; line-height: inherit;">eferred income tax</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The income tax expense or credit for the period is the tax payable or recoverable on the current period’s taxable income based on the applicable income tax rate for each jurisdiction adjusted by changes in deferred tax assets and liabilities attributable to temporary differences and to unused tax losses. Tax is recognized in the Consolidated Income Statement, except for tax items recognized in other comprehensive income or directly in equity.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the reporting date in the countries where the Company’s subsidiaries operate and generate taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulations are subject to interpretation and establishes provisions when appropriate.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Deferred income tax is recognized applying the liability method on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements. The temporary differences arise mainly from the effect of currency translation on depreciable fixed assets and inventories, depreciation on property, plant and equipment, valuation of inventories, provisions for post-employment benefits and other long-term employee benefits, fair value adjustments of assets acquired in business combinations and net operating loss carry-forwards. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the time period when the asset is realized or the liability is settled, based on tax laws that have been enacted or substantively enacted at the reporting date. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation and considers whether it is probable that a taxation authority will accept an uncertain tax treatment. The Company measures its tax balances either based on the most likely amount or the expected value, depending on which method provides a better prediction of the resolution of the uncertainty.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Deferred tax assets are recognized to the extent that it is probable that future taxable income will be available against which the temporary differences can be utilized. At the end of each reporting period, Tenaris reassesses unrecognized deferred tax assets. Tenaris recognizes a previously unrecognized deferred tax asset to the extent that it has become probable that future taxable income will allow the deferred tax asset to be recovered.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Deferred tax liabilities and assets are not recognized for temporary differences between the carrying amount and tax basis of investments in foreign operations where the company is able to control the timing of the reversal of the temporary differences and it is probable that the differences will not reverse in the foreseeable future.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Deferred tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets and liabilities and when the deferred tax balances relate to the same taxation authority. Current tax assets and tax liabilities are offset where the entity has a legally enforceable right to offset and intends either to settle on a net basis, or to realize the asset and settle the liability simultaneously.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Deferred tax assets and liabilities are re-measured if tax rates change. These amounts are charged or credited to the Consolidated Income Statement or to the item <span style="font-style: italic; line-height: inherit;">O</span><span style="font-style: italic; line-height: inherit;">ther co</span><span style="font-style: italic; line-height: inherit;">mprehensive income </span>in the Consolidated Statement of Comprehensive Income, depending on the account to which the original amount was charged or credited.</span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Employee Benefits Explanatory
DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">P</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Employee benefits</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 22.5pt; text-indent: -22.5pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(1)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">Short-term obligations</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Liabilities for wages and salaries are recognized in respect of employees’ services up to the end of the reporting period and are measured at the amounts expected to be paid when the liabilities are settled. The liabilities are presented as current employee benefit obligations in the balance sheet.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 22.5pt; break-after: avoid; break-inside: avoid; text-indent: -22.5pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(2)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">Post</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">-</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">employment benefits</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The Company has defined benefit and defined contribution plans. A defined benefit plan is a pension plan that defines an amount of pension benefit that an employee will receive on retirement, usually dependent on one or more factors such as age, years of service and compensation.</span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The liability recognized in the statement of financial position in respect of defined benefit pension plans is the present value of the defined benefit obligation at the end of the reporting period less the fair value of plan assets, if any. The defined benefit obligation is calculated annually (at year end) by independent actuaries using the projected unit credit method. The present value of the defined benefit obligation is determined by discounting the estimated future cash flows using interest rates of high-quality corporate bonds that are denominated in the currency in which the benefits will be paid, and that have terms to maturity approximating to the terms of the related pension obligation. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Remeasurement gains and losses arising from experience adjustments and changes in actuarial assumptions are charged or credited to equity in <span style="font-style: italic; line-height: inherit;">Other comprehensive income</span> in the period in which they arise. Past-service costs are recognized immediately in the Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">For defined benefit funded plans, net interest income / expense is calculated based on the surplus or deficit derived by the difference between the defined benefit obligations less fair value of plan assets. For defined contribution plans, the Company pays contributions to publicly or privately administered pension insurance plans on a mandatory, contractual or voluntary basis. The Company has no further payment obligations once the contributions have been paid. The contributions are recognized as employee benefit expenses when they are due. Prepaid contributions are recognized as an asset to the extent that a cash refund or a reduction in the future payments is available. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Tenaris sponsors funded and unfunded defined benefit pension plans in certain subsidiaries. The most significant are: </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">An unfunded defined benefit employee retirement plan for certain senior officers. The plan is designed to provide certain benefits to those officers (additional to those contemplated under applicable labor laws) in case of termination of the employment relationship due to certain specified events, including retirement. This unfunded plan provides defined benefits based on years of service and final average salary. As of December 31, 2022 the outstanding liability for this plan amounts to $43.1 million.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Employees’ service rescission indemnity: the cost of this obligation is charged to the Consolidated Income Statement over the expected service lives of employees. This provision is primarily related to the liability accrued for employees at<span style="line-height: inherit;"> </span>Tenaris’s<span style="line-height: inherit;"> </span>Italian subsidiary. As from January 1, 2007 as a consequence of a change in an Italian law, employees were entitled to make contributions to external funds, thus,<span style="line-height: inherit;"> </span>Tenaris’s<span style="line-height: inherit;"> </span>Italian subsidiary pays every year the required contribution to the funds with no further obligation. As a result, the plan changed from a defined benefit plan to a defined contribution plan effective from that date, but only limited to the contributions of 2007 onwards. As of December 31, 2022 the outstanding liability for this plan amounts to $10.7 million.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -23.8px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; line-height: inherit; display: inline !important;">Funded retirement benefit plan held in the U.S. for the benefit of some employees hired prior a certain date, frozen for the purposes of credited service as well as determination of final average pay for the retirement benefit calculation. Plan assets consist primarily of investments in equities and money market funds. Additionally, an unfunded post-retirement health and life plan is present that offers limited medical and life insurance benefits to the retirees, frozen to new participants. As of December 31, 2022 the outstanding liability for these plans amounts to $7.1 million.<br/></span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div><div style="border-left: none; border-right: none;"/></div><ul style="color: #000000; font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; font-style: normal; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -23.8px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; line-height: inherit; display: inline !important;">Funded retirement benefit plans held in Canada for salary and hourly employees hired prior to a certain date based on years of service and, in the case of salaried employees, final average salary. Plan assets consist primarily of investments in debt and equity instruments. Both plans were replaced for defined contribution plans. Effective June 2016 the salary plan was frozen for the purposes of credited service as well as determination of final average pay. As of December 31, 2022 the plan was<span style="line-height: inherit;"> </span>overfunded<span style="line-height: inherit;"> </span>and the net assets related to this plan amounted to $10.4 million.<br/></span></span></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; break-after: avoid; break-inside: avoid; text-indent: -21.3pt; text-align: justify;"><br/></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; break-after: avoid; break-inside: avoid; text-indent: -21.3pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(3)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">O</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">ther long-</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">term benefits </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">During 2007, Tenaris launched an <span style="letter-spacing: -0.1pt; line-height: inherit;">employee retention and long</span><span style="letter-spacing: -0.1pt; line-height: inherit;">-</span><span style="letter-spacing: -0.1pt; line-height: inherit;">term incentive program</span> (the “Program”) applicable to certain senior officers and employees of the Company, who will be granted a number of units throughout the duration of the Program. The value of each of these units is based on Tenaris’s shareholders’ equity (excluding non-controlling interest). Until the end of 2017, the units were vested ratably over a period of four years and were mandatorily redeemed by the Company ten years after grant date, with the option of an early redemption at seven years after the grant date. Since 2018, the units are vested ratably over the same period and are mandatorily redeemed by the Company seven years after grant date. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The beneficiaries of the Program are entitled to receive cash amounts based on: (i) the amount of dividend payments made by Tenaris to its shareholders and (ii) the number of units held by each beneficiary to the Program. The payment of the benefit is tied to the book value of the shares, and not to their market value. Tenaris valued this long-term incentive program as a long-term benefit plan as classified in IAS 19, “Employee Benefits”.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As of December 31, 2022 and 2021, the outstanding liability corresponding to the Program amounts to $94.4 million and $84.2 million, respectively. The total value of the units granted (vested and unvested) to date under the program, considering the number of units and the book value per share as of December 31, 2022 and 2021, is $123.9 million and $99.6 million, respectively.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-indent: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(4)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">Termination benefits</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Termination benefits are payable when employment is terminated by Tenaris before the normal retirement date, or when an employee accepts voluntary redundancy in exchange for these benefits. Tenaris recognizes termination benefits at the earlier of the following dates: (a) when it can no longer withdraw the offer of those benefits; and (b) when the costs for a restructuring that is within the scope of IAS 37 involves the payment of terminations benefits. In the case of an offer made to encourage voluntary redundancy, the termination benefits are measured based on the number of employees expected to accept the offer.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; break-after: avoid; break-inside: avoid; text-indent: -36pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(5)</span><span style="font-style: italic; font-weight: bold; line-height: inherit; margin-left: 24px;">Other compensation obligations</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Employee entitlements to annual leave, long-service leave, sick leave and other bonuses and compensations obligations are accrued as earned.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Compensation to employees in the event of dismissal is charged to income in the year in which it becomes payable.</span></p> | |
| CY2017 | ts |
Employee Benefits Unit Vesting Period
EmployeeBenefitsUnitVestingPeriod
|
P4Y | |
| CY2017 | ts |
Employee Benefits Company Redemption Period
EmployeeBenefitsCompanyRedemptionPeriod
|
P10Y | |
| CY2017 | ts |
Employee Benefits Early Redemption Period
EmployeeBenefitsEarlyRedemptionPeriod
|
P7Y | |
| CY2022 | ts |
Employee Benefits Company Redemption Period
EmployeeBenefitsCompanyRedemptionPeriod
|
P7Y | |
| CY2022Q4 | ts |
Other Current Noncurrent Benefits
OtherCurrentNoncurrentBenefits
|
94400000 | usd |
| CY2021Q4 | ts |
Other Current Noncurrent Benefits
OtherCurrentNoncurrentBenefits
|
84200000 | usd |
| CY2022Q4 | ts |
Carrying Value Of Units Granted
CarryingValueOfUnitsGranted
|
123900000 | usd |
| CY2021Q4 | ts |
Carrying Value Of Units Granted
CarryingValueOfUnitsGranted
|
99600000 | usd |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Provisions Explanatory
DescriptionOfAccountingPolicyForProvisionsExplanatory
|
<div style="border-left: none; border-right: none;"><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">Q</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Provisions </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris is subject to various claims, lawsuits and other legal proceedings, including customer claims, in which a third party is seeking payment for alleged damages, reimbursement for losses or indemnity. Tenaris’s potential liability with respect to such claims, lawsuits and other legal proceedings cannot be estimated with certainty. Management periodically reviews the status of each significant matter and assesses potential financial exposure. If, as a result of past events, a potential loss from a claim or proceeding is considered probable and the amount can be reliably estimated, a provision is recorded. Accruals for loss contingencies reflect a reasonable estimate of the losses to be incurred based on information available to management as of the date of preparation of the financial statements, and take into consideration Tenaris’s litigation and settlement strategies. These estimates are primarily constructed with the assistance of legal counsel. As the scope of liabilities become better defined, there may be changes in the estimates of future costs which could have a material adverse effect on its results of operations, financial condition and cash flows. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">If Tenaris expects to be reimbursed for an accrued expense, as would be the case for an expense or loss covered under an insurance contract, and reimbursement is considered virtually certain, the expected reimbursement is recognized as a receivable.</span></p></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">This note should be read in conjunction with note 26 to these Consolidated Financial Statements.</span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Trade And Other Payables Explanatory
DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">R</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Trade and other payables </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Trade and other payables are recognized initially at fair value, generally the nominal invoice amount and subsequently measured at amortized cost. They are presented as current liabilities unless payment is not due within twelve months after the reporting period. Due to the short-term nature their carrying amounts are considered to be the same as their fair value.</span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Expenses Explanatory
DescriptionOfAccountingPolicyForExpensesExplanatory
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<h4 style="line-height: 12pt; margin: 0pt; break-after: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">T</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Cost of sales and </span><span style="font-weight: bold; line-height: inherit;">other selling expenses</span></span></h4><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Cost of sales and other selling expenses are recognized in the Consolidated Income Statement on the accrual basis of accounting.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Commissions, freights and other selling expenses, including shipping and handling costs, are recorded in <span style="font-style: italic; line-height: inherit;">S</span><span style="font-style: italic; line-height: inherit;">elling, general and administrative expense</span><span style="font-style: italic; line-height: inherit;">s</span> in the Consolidated Income Statement.</span></p> | |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Earnings Per Share Explanatory
DescriptionOfAccountingPolicyForEarningsPerShareExplanatory
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<h4 style="line-height: 12pt; margin: 0pt; break-after: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">U</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">Earnings per share</span></span></h4><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Earnings per share are calculated by dividing the income attributable to the shareholders’ equity by the daily weighted average number of common shares outstanding during the year. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">There are no dilutive potential ordinary shares.</span></p> | |
| CY2022 | ifrs-full |
Dilutive Effect Of Share Options On Number Of Ordinary Shares
DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares
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0 | shares |
| CY2022 | ifrs-full |
Description Of Accounting Policy For Financial Instruments Explanatory
DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory
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<h4 style="line-height: 12pt; margin: 0pt; break-after: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">V</span><span style="font-weight: bold; line-height: inherit; margin-left: 46px;">F</span><span style="font-weight: bold; line-height: inherit;">inancial instruments</span></span></h4><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Non derivative financial instruments comprise investments in financial debt instruments and equity, time deposits, trade and other receivables, cash and cash equivalents, borrowings and trade and other payables.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The Company classifies its financial instruments according to the following measurement categories:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; text-align: justify; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; list-style-position: inside; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> those to be measured subsequently at fair value (either through OCI or through profit or loss), and</span></li><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; list-style-position: inside; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -18pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> those to be measured at amortised cost.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The classification depends on the Company’s business model for managing the financial assets and contractual terms of the cash flows.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Financial assets are recognized on their settlement date. Financial assets are derecognized when the rights to receive cash flows from the financial assets have expired or have been transferred and the Company has transferred substantially all the risks and rewards of ownership.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">At initial recognition, the Company measures a financial asset at its fair value plus, in the case of a financial asset not at fair value through profit or loss, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at fair value through profit or loss are expenses in profit or loss.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Subsequent measurement of debt instruments depends on the Company’s business model for managing the asset and the cash flow characteristics of the asset. There are three measurement categories into which the Company classifies its debt instruments:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Amortized Cost: Assets that are held for collection of contractual cash flows where those cash flows represent solely payments of principal and interest. Interest income from these financial assets is included in finance income using the effective interest rate method.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Exchange gains and losses and impairments related to the financial assets are immediately recognized in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Fair value through other comprehensive income: Assets that are held for collection of contractual cash flows and for selling the financial assets, where the assets’ cash flows represent solely payments of principal and interest. Interest income from these financial assets is included in finance income using the effective interest rate method. Unrealized gains or losses are recorded as a fair value adjustment in the Consolidated Statement of Comprehensive Income and transferred to the Consolidated Income Statement when the financial asset is sold.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Fair value through profit and loss: Assets that do not meet the criteria for amortized cost or FVOCI. Changes in fair value of financial instruments at FVPL are immediately recognized in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Equity instruments are subsequently measured at fair value. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Accounting for derivative financial instruments and hedging activities is included within the section III, Financial Risk Management. </span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Financial Risk Management Explanatory
DisclosureOfFinancialRiskManagementExplanatory
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<p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #cc0066;"><span style="font-weight: bold; text-transform: uppercase; line-height: inherit;">iii</span><span style="font-weight: bold; text-transform: uppercase; line-height: inherit;">.</span><span style="font-weight: bold; text-transform: uppercase; line-height: inherit;">Financial risk management</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The multinational nature of Tenaris’s operations and customer base exposes the Company to a variety of risks, mainly related to market risks (including the effects of changes in foreign currency exchange rates and interest rates), credit risk and capital market risk. In order to manage the volatility related to these exposures, management evaluates exposures on a consolidated basis, taking advantage of exposure netting. The Company or its subsidiaries may then enter into various derivative transactions in order to prevent potential adverse impacts on Tenaris’s financial performance. Such derivative transactions are executed in accordance with internal policies and hedging practices.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; text-transform: uppercase; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">A. Financial </span><span style="font-weight: bold; line-height: inherit;">r</span><span style="font-weight: bold; line-height: inherit;">isk </span><span style="font-weight: bold; line-height: inherit;">f</span><span style="font-weight: bold; line-height: inherit;">actors</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(i) </span><span style="font-style: italic; font-weight: bold; margin-left: 45px; line-height: inherit;">Capital Risk Management</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris seeks to maintain a low debt to total equity ratio considering the industry and the markets where it operates. The year-end ratio of debt to total equity (where “debt” comprises financial borrowings and “total equity” is the sum of financial borrowings and equity) is 0.05 as of December 31, 2022 and 0.03 as of December 31, 2021. The Company does not have to comply with regulatory capital adequacy requirements.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; text-transform: uppercase; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(ii)</span><span style="font-style: italic; font-weight: bold; margin-left: 46px; line-height: inherit;">Foreign exchange risk </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris manufactures and sells its products in a number of countries throughout the world and consequently is exposed to foreign exchange rate risk. Since the Company’s functional currency is the U.S. dollar the purpose of Tenaris’s foreign currency hedging program is mainly to reduce the risk caused by changes in the exchange rates of other currencies against the U.S. dollar.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris’s exposure to currency fluctuations is reviewed on a periodic and consolidated basis. A number of derivative transactions are performed in order to achieve an efficient coverage in the absence of operative or natural hedges. Almost all of these transactions are forward exchange rates contracts. See note 25 to these Consolidated Financial Statements.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris does not enter into derivative financial instruments for trading or other speculative purposes, other than non-material investments in structured products.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">In the case of subsidiaries with functional currencies other than the U.S. dollar, the results of hedging activities, reported in accordance with IFRS, may not reflect entirely the management’s assessment of its foreign exchange risk hedging program. Intercompany balances between Tenaris’s subsidiaries may generate financial gains (losses) to the extent that functional currencies differ.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The value of Tenaris’s financial assets and liabilities is subject to changes arising from the variation of foreign currency exchange rates. The following table provides a breakdown of Tenaris’s main financial assets and liabilities (including foreign exchange derivative contracts) which impact the Company’s profit and loss as of December 31, 2022 and 2021.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="height: 102px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> All amounts Long / (Short) in thousands of U.S. dollars </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> As of December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Currency Exposure / Functional currency </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 76%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Argentine Peso / U.S. dollar </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (126,739</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (95,073</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Euro / U.S. dollar </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (42,458</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">12,462</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Saudi Arabian Riyal / U.S. dollar </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (74,183</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (77,853</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> U.S. dollar / Brazilian Real </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (94,856</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (32,738</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The main relevant exposures correspond to:</span><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li class="mylistitemclass" style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Argentine Peso / U.S. dollar<br/></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="margin: 0pt 0pt 0pt 18pt; line-height: 1.2; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As of December 31, 2022 and <span style="border-left: none; border-right: none; line-height: inherit;">2021</span> consisting primarily of Argentine Peso-denominated financial, trade, social and fiscal payables at certain Argentine subsidiaries whose functional currency is the U.S. dollar. A change of <span style="border-left: none; border-right: none; line-height: inherit;">1</span>% in the ARS/USD exchange rate would have generated a pre-tax gain / loss of $1.3 million and $1 million as of December 31, 2022 and <span style="border-left: none; border-right: none; line-height: inherit;">2021</span> respectively.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="line-height: 1.2;"/><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li class="mylistitemclass" style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Euro / U.S. dollar</span></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 17.85pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As of December 31, 2022 consisting primarily of Euro-denominated intercompany liabilities at certain subsidiaries whose functional currency is the U.S. dollar and <span style="border-left: none; border-right: none; line-height: inherit;">2021</span>, consisting primarily of U.S. dollar-denominated intercompany liabilities at certain subsidiaries whose functional currency is the Euro. A change of <span style="border-left: none; border-right: none; line-height: inherit;">1</span>% in the EUR/USD exchange rate would have generated a pre-tax gain / loss of $0.4 million and $0.1 million as of December 31, 2022 and <span style="border-left: none; border-right: none; line-height: inherit;">2021</span>, respectively, which would have been to a large extent offset by changes in currency translation adjustment included in Tenaris’s net equity position.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 17.85pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li class="mylistitemclass" style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Saudi Arabian Riyal / U. S. dollar</span></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 17.85pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As of December 31, 2022 and <span style="border-left: none; border-right: none; line-height: inherit;">2021</span> consisting primarily of Saudi Arabian Riyal-denominated financial and trade payables. The Saudi Arabian Riyal is tied to the U.S. dollar.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 17.85pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li class="mylistitemclass" style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 9.58pt; padding-left: 8.42pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">U.S. dollar / Brazilian Real</span></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 17.85pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 18pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As of December 31, 2022 and <span style="border-left: none; border-right: none; line-height: inherit;">2021</span>, consisting primarily of U.S. dollar-denominated intercompany liabilities at certain subsidiaries whose functional currency is the Brazilian Real. A change of <span style="border-left: none; border-right: none; line-height: inherit;">1</span>% in the BRL/USD exchange rate would have generated a pre-tax gain / loss of $0.9 million and $0.3 million as of December 31, 2022 and <span style="border-left: none; border-right: none; line-height: inherit;">2021</span>, respectively, which would have been to a large extent offset by changes in currency translation adjustment included in Tenaris’s net equity position.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 17.85pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Considering the balances held as of December 31, 2022 on financial assets and liabilities exposed to foreign exchange rate fluctuations, Tenaris estimates that the impact of a simultaneous 1% appreciation / depreciation movement in the levels of foreign currencies exchange rates relative to the U.S. dollar, would be a pre-tax gain / loss of $4 million (including a loss / gain of $0.2 million due to foreign exchange derivative contracts), which would be partially offset by changes to Tenaris’s net equity position of $0.9 million. For balances held as of December 31, 2021, a simultaneous 1% favorable / unfavorable movement in the foreign currencies exchange rates relative to the U.S. dollar, would have generated a pre-tax gain / loss of $3.1 million (including a loss / gain of $0.5 million due to foreign exchange derivative contracts), which would have been partially offset by changes to Tenaris’s net equity position of $0.2 million.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 17.85pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(iii)</span><span style="font-style: italic; font-weight: bold; margin-left: 46px; line-height: inherit;">Interest rate risk</span></span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 17.85pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris is subject to interest rate risk on its investment portfolio and its debt. The Company uses a mix of variable and fixed rate debt in combination with its investment portfolio strategy. The Company may choose to enter into foreign exchange derivative contracts and / or interest rate swaps to mitigate the exposure to changes in the interest rates. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The following table summarizes the proportions of variable-rate and fixed-rate debt as of each year end. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><table cellpadding="0" style="height: 83px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td colspan="7" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> As of December 31, </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 12px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 12px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> In thousands of U.S. dollars </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> % </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> In thousands of U.S. dollars </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> % </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 56%;"><p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Fixed rate <span style="font-size: 8pt; line-height: inherit;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 15%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">497,889</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 5%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">68</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">%</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 15%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">187,036</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 5%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">57</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">%</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Variable rate </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">230,873</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">32</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">%</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">143,897</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">43</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">%</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 4pt 0pt 0pt; text-align: justify; text-indent: 0pt;"><span style="font-size: 9pt; font-family: 'times new roman', times; line-height: inherit;"><sup>(*)</sup><span><span style="border-right: none; border-left: none; line-height: inherit;"><span style="border-right: none; border-left: none; line-height: inherit;">Out of the $</span><span style="border-left: none; border-right: none; line-height: inherit;">497.9</span><span style="border-right: none; border-left: none; line-height: inherit;"> million fixed rate borrowings, $</span><span style="border-left: none; border-right: none; line-height: inherit;">479</span><span style="border-right: none; border-left: none; line-height: inherit;"> million are short-term.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The Company estimates that, if market interest rates applicable to Tenaris’s borrowings had been 100 basis points higher, then the additional pre-tax loss would have been $5.3 million in 2022 and $5.2 million in 2021. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(iv)</span><span style="font-style: italic; font-weight: bold; margin-left: 46px; line-height: inherit;">Credit risk</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Credit risk arises from cash and cash equivalents, deposits with banks and financial institutions, as well as credit exposures to customers, including outstanding receivables and committed transactions. The Company also actively monitors the creditworthiness of its treasury, derivative and insurance counterparties in order to minimize its credit risk.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">There is no significant concentration of credit risk from customers. No single customer comprised more than 10% of Tenaris’s net sales in 2022, 2021 and 2020.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><br/></span></p><div style="line-height: 1.2;"/><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris’s credit policies related to sales of products and services are designed to identify customers with acceptable credit history and to allow Tenaris to require the use of credit insurance, letters of credit and other instruments designed to minimize credit risks whenever deemed necessary. Tenaris maintains allowances for impairment for potential credit losses. See section II.K.</span><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><br/></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As of December 31, 2022 and 2021 trade receivables amounted to $2,493.9 million and $1,299.1 million respectively. Trade receivables have guarantees under credit insurance of $231.2 million and $175.8 million, letter of credit and other bank guarantees of $34.7 million and $17.8 million as of December 31, 2022 and 2021 respectively, and other guarantees of $2.2 million as of December 31, 2021.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As of December 31, 2022 and 2021, overdue trade receivables amounted to $544.9 million and $209.6 million, respectively. As of December 31, 2022 and 2021, overdue guaranteed trade receivables amounted to $28.1 million and $10.6 million; and the allowance for doubtful accounts amounted to $45.5 million and $47.1 million respectively. Both the allowance for doubtful accounts and the existing guarantees are sufficient to cover doubtful trade receivables. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(v)</span><span style="font-style: italic; font-weight: bold; margin-left: 46px; line-height: inherit;">Counterparty risk</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Tenaris has investment guidelines with specific parameters to limit issuer risk on marketable securities. Counterparties for derivatives and cash transactions are limited to high credit quality financial institutions, normally investment grade.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;">Approximately </span><span style="font-style: normal; line-height: inherit;">80</span><span style="font-style: normal; line-height: inherit;">% of Tenaris’s liquid financial assets correspond</span><span style="font-style: normal; line-height: inherit;">ed</span><span style="font-style: normal; line-height: inherit;"> to Investment Grade-rated instruments as of December 31, 20</span><span style="font-style: normal; line-height: inherit;">2</span><span style="font-style: normal; line-height: inherit;">2</span><span style="font-style: normal; line-height: inherit;">, in comparison with approximately </span><span style="font-style: normal; line-height: inherit;">77</span><span style="font-style: normal; line-height: inherit;">% as of December 31, 20</span><span style="font-style: normal; line-height: inherit;">2</span><span style="font-style: normal; line-height: inherit;">1</span><span style="font-style: normal; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">v</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">i</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">)</span><span style="font-style: italic; font-weight: bold; margin-left: 45px; line-height: inherit;">Liquidity risk</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris financing strategy aims to maintain adequate financial resources and access to additional liquidity. During 2022, Tenaris has counted on cash flows from operations as well as additional bank financing to fund its transactions. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Management maintains sufficient cash and marketable securities to finance normal operations and believes that Tenaris also has appropriate access to market for short-term working capital needs.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Liquid financial assets as a whole (comprising cash and cash equivalents and other investments) were 9% and 7% of total assets at the end of 2022 and 2021, respectively.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris has a conservative approach to the management of its liquidity, which consists of i) cash and cash equivalents (cash in banks, liquidity funds and investments with a maturity of less than three months at the date of purchase), and ii) other investments (fixed income securities, time deposits, and fund investments).</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris holds primarily investments in money market funds and variable or fixed-rate securities from investment grade issuers. As of December 31, 2022 and 2021 Tenaris held $5 million and $6 million in direct exposure to financial instruments issued by European sovereign counterparties respectively.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;">Tenaris holds its investments primarily in U.S. </span><span style="font-style: normal; line-height: inherit;">dollars. As of December 31, 202</span><span style="font-style: normal; line-height: inherit;">2</span><span style="font-style: normal; line-height: inherit;"> and 20</span><span style="font-style: normal; line-height: inherit;">2</span><span style="font-style: normal; line-height: inherit;">1</span><span style="font-style: normal; line-height: inherit;">, U.S. dollar denominated liquid assets plus investments denominated in other currencies hedged to the U.S. dollar represented approximately </span><span style="font-style: normal; line-height: inherit;">87</span><span style="font-style: normal; line-height: inherit;">%</span><span style="font-style: normal; line-height: inherit;">of total liquid financial assets. </span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(vii)</span><span style="font-style: italic; font-weight: bold; margin-left: 46px; line-height: inherit;">Commodity price risk</span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;">In the ordinary course of its operations, Tenaris purchases commodities and raw materials that are subject to price volatility caused by supply conditions, political and economic variables and other factors. As a consequence, Tenaris is exposed to risk resulting from fluctuations in the prices of these commodities and raw materials. Tenaris fixes the prices of such raw materials and commodities for short-term periods, typically not in excess of one year, and </span><span style="font-style: normal; line-height: inherit;">i</span><span style="font-style: normal; line-height: inherit;">n general hedging for these risks is performed on a limited basis. </span></span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; line-height: inherit;"><br/></span></span></p><div style="line-height: 1.2;"/><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">B. Category of financial instruments and classification w</span><span style="font-weight: bold; line-height: inherit;">ithin th</span><span style="font-weight: bold; line-height: inherit;">e fair value h</span><span style="font-weight: bold; line-height: inherit;">ierarchy</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As mentioned in note II.A, the Company classifies its financial instruments in the following measurement categories: amortized cost, fair value through other comprehensive income and fair value through profit and loss. For financial instruments that are measured in the statement of financial position at fair value, IFRS 13, “Fair value measurement” requires a disclosure of fair value measurements by level according to the following fair value measurement hierarchy:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices).</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Level 3 - Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs).</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The following tables present the financial instruments by category and levels as of December 31, 2022 and 2021.</span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 424px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; border-color: #000000; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 13px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 13px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 23px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 23px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Carrying amount </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 23px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 13px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Measurement Categories </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 13px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 13px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At Fair Value </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 13px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> December 31, 2022 </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Amortized Cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> FVOCI </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> FVPL </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 1</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 2</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 3</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 22%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Cash and cash equivalents </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,091,527</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">668,668</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">422,859</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">422,859</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Other investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">438,448</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">196,152</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">182,988</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">59,308</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">242,296</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; margin-left: 0.1px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt 0pt 0pt 8.7pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Fixed income (time-deposit, zero coupon bonds, commercial papers) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">196,152</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">196,152</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Certificates of deposits </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">36,167</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">36,167</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Commercial papers </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">19,785</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">19,785</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other notes </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">140,200</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">140,200</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 16px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 16px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Bonds and other fixed income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">211,953</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">182,988</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">28,965</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">211,953</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Non-U.S. government securities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">108,310</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">79,345</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">28,965</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">108,310</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Corporates securities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">103,643</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">103,643</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">103,643</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Mutual Fund </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">30,343</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">30,343</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">30,343</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Derivative financial instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">30,805</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">30,805</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">30,805</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Other Investments Non-current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">119,902</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Bonds and other fixed income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Trade receivables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">2,493,940</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">2,493,940</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Receivables C and NC <span style="font-size: 8pt; line-height: inherit;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">395,531</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">105,397</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other receivables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">154,056</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">105,397</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other receivables (non-financial) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">241,475</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 12px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 12px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; margin: 0px; text-indent: 0px; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">3,464,157</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">345,221</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">519,300</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">778,729</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">30,805</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">54,987</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Liabilities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Borrowings C and NC </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Trade payables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,179,457</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,179,457</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Lease Liabilities C and NC </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">112,177</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">112,177</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Derivative financial instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; margin: 0px; text-indent: 0px; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,020,396</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 4pt 0pt 0pt; text-indent: 0pt;"><span style="font-size: 9pt; font-family: 'times new roman', times; line-height: inherit;"><span style="line-height: inherit;"><sup>(*)</sup></span><span> Includes balances related to interest in Venezuelan companies. See note <span style="border-left: none; border-right: none; line-height: inherit;">34</span> to these Consolidated Financial Statements.</span></span></p><div style="line-height: 1.2;"/><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; height: 452px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 27px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 27px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Carrying amount </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 27px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Measurement Categories </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At Fair Value </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> December 31, 2021 </span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Amortized Cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> FVOCI </span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> FVPL </span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 1</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 2</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 3</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 22%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Cash and cash equivalents </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">318,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">212,430</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">105,697</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">105,697</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Other investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">397,849</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">239,742</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff; margin-left: 0.1px;"><td style="padding: 0px 7px 0px 15px; vertical-align: top; background-color: #cceeff; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Fixed income (time-deposit, zero coupon bonds, commercial papers) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">239,742</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">239,742</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding: 0px 7px 0px 12px; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Certificates of deposits </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">94,414</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">94,414</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding: 0px 7px 0px 12px; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Commercial papers </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">30,062</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">30,062</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding: 0px 7px 0px 12px; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other notes </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">115,266</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">115,266</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding: 0px 7px 0px 15px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Bonds and other fixed income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Non-U.S. government securities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">10,660</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">10,660</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">10,660</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Corporates securities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">147,447</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">147,447</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">147,447</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Derivative financial instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Other Investments Non-current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">320,254</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Bonds and other fixed income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Trade receivables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,299,072</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,299,072</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Receivables C and NC <span style="font-size: 8pt; line-height: inherit;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">302,164</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">85,220</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other receivables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">133,879</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">85,220</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other receivables (non-financial) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">168,285</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,836,464</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">519,385</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">124,647</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">576,423</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">11,315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">56,294</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Liabilities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Borrowings C and NC </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Trade payables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">845,256</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">845,256</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Lease Liabilities C and NC </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">117,285</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">117,285</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Derivative financial instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,293,474</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 4pt 0pt 0pt; text-indent: 0pt;"><span style="font-size: 9pt; font-family: 'times new roman', times; line-height: inherit;"><span style="line-height: inherit;"><sup>(*)</sup></span><span>Includes balances related to interest in Venezuelan companies. See note <span style="border-left: none; border-right: none; line-height: inherit;">34</span> to these Consolidated Financial Statements.</span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">There were no transfers between levels during the year. </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The fair value of financial instruments traded in active markets is based on quoted market prices at the reporting date. A market is regarded as active if quoted prices are readily and regularly available from an exchange, dealer, broker, industry group, pricing service, or regulatory agency, and those prices represent actual and regularly occurring market transactions on an arm’s length basis. The quoted market price used for financial assets held by Tenaris is the current bid price. These instruments are included in Level 1 and comprise primarily corporate and sovereign debt securities. </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The fair value of financial instruments that are not traded in an active market (such as certain debt securities, certificates of deposits with original maturity of more than three months, forward and interest rate derivative instruments) is determined by using valuation techniques which maximize the use of observable market data when available and rely as little as possible on entity specific estimates. If all significant inputs required to value an instrument are observable, the instrument is included in Level 2. Tenaris values its assets and liabilities included in this level using bid prices, interest rate curves, broker quotations, current exchange rates, forward rates and implied volatilities obtained from market contributors as of the valuation date.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><br/></span></p><div/><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">If one or more of the significant inputs are not based on observable market data, the instruments are included in Level 3. Tenaris values its assets and liabilities in this level using observable market inputs and management assumptions which reflect the Company’s best estimate on how market participants would price the asset or liability at measurement date. Main balances in this level include net receivables related to the Company interest in the Venezuelan Companies for a total amount of approximately $48.7 million, which reflects the best estimation of the fair value calculated using the probability of occurrence of weighted scenarios applied to the potential transaction value resulting from the awards purchase agreement mentioned in note 34 to these Consolidated Financial Statements.</span></p><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"><br/></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The following table presents the changes in Level 3 assets:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; height: 102px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 76%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">56,294</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">56,319</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (Decrease) / increase </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,126</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">219</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment and others </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (181</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (244</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">54,987</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">56,294</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;">C</span><span style="font-weight: bold; line-height: inherit;">. </span><span style="font-weight: bold; line-height: inherit;">Fair value estimation</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Financial assets or liabilities classified at fair value through profit or loss are measured under the framework established by the IASB accounting guidance for fair value measurements and disclosures.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The fair values of quoted investments are generally based on current bid prices. If the market for a financial asset is not active or no market is available, fair values are established using standard valuation techniques. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The fair value of all outstanding derivatives is determined using specific pricing models that include inputs that are observable in the market or can be derived from or corroborated by observable data. The fair value of forward foreign exchange contracts is calculated as the net present value of the estimated future cash flows in each currency, based on observable yield curves, converted into U.S. dollars at the spot rate of the valuation date.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Borrowings are classified under other financial liabilities and measured at their amortized cost. Tenaris estimates that the fair value of its main financial liabilities is approximately 99.2% and 99.6% of its carrying amount (including interests accrued) in 2022 and 2021 respectively. Fair values were calculated using standard valuation techniques for floating rate instruments and comparable market rates for discounting cash flows.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The carrying amount of investments valuated at amortized cost approximates its fair value.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit; color: #003366;">D. Accounting for derivative financial instruments and hedging activities</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Derivative financial instruments are initially recognized in the statement of financial position at fair value through profit and loss on each date a derivative contract is entered into and are subsequently remeasured at fair value. Specific tools are used for calculation of each instrument’s fair value and these tools are tested for consistency on a monthly basis. Market rates are used for all pricing operations. These include exchange rates, deposit rates and other discount rates matching the nature of each underlying risk. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">As a general rule, Tenaris recognizes the full amount related to the change in fair value of derivative financial instruments in <span style="font-style: italic; line-height: inherit;">Financial Results</span> in the Consolidated Income Statement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Tenaris designates certain derivatives as hedges of particular risks associated with recognized assets or liabilities or highly probable forecast transactions. These transactions are classified as cash flow hedges. The effective portion of the fair value of derivatives that are designated and qualify as cash flow hedges is recognized in equity. Amounts accumulated in equity are then recognized in the income statement in the same period as the offsetting losses and gains on the hedged item. The gain or loss relating to the ineffective portion is recognized immediately in the income statement. The fair value of Tenaris’s derivative financial instruments (assets or liabilities) continues to be reflected in the statement of financial position.</span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">For transactions designated and qualifying for hedge accounting, Tenaris documents at the inception of the transaction the relationship between hedging instruments and hedged items, as well as its risk management objectives and strategy for undertaking various hedge transactions. Tenaris also documents its assessment on an ongoing basis, of whether the hedging instruments are highly effective in offsetting changes in the fair value or cash flow of hedged items. At December 31, 2022 and 2021, the effective portion of designated cash flow hedges which is included in <span style="font-style: italic; line-height: inherit;">Other Reserves</span> in equity amounted to <span style="background-color: #ffffff; line-height: inherit;">$13.1 </span>million credit and $1.3 million credit respectively.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">The fair values of various derivative instruments used for hedging purposes and the movements of the hedging reserve included within <span style="font-style: italic; line-height: inherit;">Other Reserves</span> in equity are disclosed in note 25 to these Consolidated Financial Statements.</span></p> | |
| CY2022Q4 | ts |
Debt To Equity Ratio
DebtToEquityRatio
|
0.05 | pure |
| CY2021Q4 | ts |
Debt To Equity Ratio
DebtToEquityRatio
|
0.03 | pure |
| CY2022 | ifrs-full |
Disclosure Of Effect Of Changes In Foreign Exchange Rates Explanatory
DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory
|
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> All amounts Long / (Short) in thousands of U.S. dollars </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> As of December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Currency Exposure / Functional currency </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 76%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Argentine Peso / U.S. dollar </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (126,739</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (95,073</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Euro / U.S. dollar </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (42,458</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">12,462</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Saudi Arabian Riyal / U.S. dollar </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (74,183</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (77,853</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> U.S. dollar / Brazilian Real </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (94,856</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (32,738</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr></tbody></table> | |
| CY2022 | ts |
Cta Foreign Exchange Risk Currency Exposure
CTAForeignExchangeRiskCurrencyExposure
|
900000 | usd |
| CY2021 | ts |
Cta Foreign Exchange Risk Currency Exposure
CTAForeignExchangeRiskCurrencyExposure
|
200000 | usd |
| CY2022 | ifrs-full |
Revenue
Revenue
|
11762526000 | usd |
| CY2022Q4 | ifrs-full |
Assets
Assets
|
17550246000 | usd |
| CY2022Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
2493940000 | usd |
| CY2022Q4 | ifrs-full |
Property Plant And Equipment
PropertyPlantAndEquipment
|
5556263000 | usd |
| CY2022 | ifrs-full |
Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
|
378446000 | usd |
| CY2022 | ifrs-full |
Depreciation And Amortisation Expense
DepreciationAndAmortisationExpense
|
607723000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Financial Instruments By Type Of Interest Rate Explanatory
DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory
|
<table cellpadding="0" style="height: 83px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td colspan="7" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> As of December 31, </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 12px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 12px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> In thousands of U.S. dollars </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> % </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> In thousands of U.S. dollars </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> % </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; width: 56%;"><p style="margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Fixed rate <span style="font-size: 8pt; line-height: inherit;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 15%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">497,889</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 5%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">68</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">%</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 15%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">187,036</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 5%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">57</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; width: 1%;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">%</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Variable rate </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">230,873</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">32</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">%</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">143,897</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">43</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: right; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important; line-height: inherit;">%</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ifrs-full |
Borrowings
Borrowings
|
728762000 | usd |
| CY2021Q4 | ifrs-full |
Borrowings
Borrowings
|
330933000 | usd |
| CY2022 | ts |
Loss On Interest Rate Risk If Market Interest Rates Were Higher
LossOnInterestRateRiskIfMarketInterestRatesWereHigher
|
5300000 | usd |
| CY2021 | ts |
Loss On Interest Rate Risk If Market Interest Rates Were Higher
LossOnInterestRateRiskIfMarketInterestRatesWereHigher
|
5200000 | usd |
| CY2022Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
2493900000 | usd |
| CY2021Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
1299100000 | usd |
| CY2022Q4 | ts |
Exposure Investment Grade Rated Instruments
ExposureInvestmentGradeRatedInstruments
|
0.80 | pure |
| CY2021Q4 | ts |
Exposure Investment Grade Rated Instruments
ExposureInvestmentGradeRatedInstruments
|
0.77 | pure |
| CY2022Q4 | ts |
Liquid Financial Assets Percentage
LiquidFinancialAssetsPercentage
|
0.09 | pure |
| CY2021Q4 | ts |
Liquid Financial Assets Percentage
LiquidFinancialAssetsPercentage
|
0.07 | pure |
| CY2022 | ifrs-full |
Disclosure Of Fair Value Of Financial Instruments Explanatory
DisclosureOfFairValueOfFinancialInstrumentsExplanatory
|
<div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 424px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; border-color: #000000; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 13px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 13px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 23px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 23px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Carrying amount </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 23px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 13px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Measurement Categories </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 13px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 13px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At Fair Value </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 13px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> December 31, 2022 </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Amortized Cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> FVOCI </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> FVPL </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 1</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 2</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 3</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; margin: 0px; text-indent: 0px;" valign="bottom"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; width: 22%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Cash and cash equivalents </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,091,527</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">668,668</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">422,859</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">422,859</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Other investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">438,448</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">196,152</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">182,988</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">59,308</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">242,296</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; margin-left: 0.1px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt 0pt 0pt 8.7pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Fixed income (time-deposit, zero coupon bonds, commercial papers) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">196,152</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">196,152</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Certificates of deposits </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">36,167</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">36,167</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Commercial papers </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">19,785</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">19,785</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other notes </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">140,200</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">140,200</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 16px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 16px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Bonds and other fixed income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">211,953</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">182,988</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">28,965</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">211,953</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 16px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 16px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Non-U.S. government securities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">108,310</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">79,345</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">28,965</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">108,310</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Corporates securities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">103,643</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">103,643</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">103,643</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Mutual Fund </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">30,343</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">30,343</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">30,343</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Derivative financial instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">30,805</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">30,805</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">30,805</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Other Investments Non-current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">119,902</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Bonds and other fixed income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">113,574</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">6,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Trade receivables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">2,493,940</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">2,493,940</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Receivables C and NC <span style="font-size: 8pt; line-height: inherit;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">395,531</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">105,397</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other receivables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">154,056</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">105,397</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other receivables (non-financial) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">241,475</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 12px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 12px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; margin: 0px; text-indent: 0px; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">3,464,157</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">345,221</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">519,300</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">778,729</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">30,805</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 12px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">54,987</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 12px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Liabilities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Borrowings C and NC </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Trade payables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,179,457</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,179,457</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Lease Liabilities C and NC </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">112,177</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">112,177</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Derivative financial instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 10px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; margin: 0px; text-indent: 0px; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,020,396</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 4pt 0pt 0pt; text-indent: 0pt;"><span style="font-size: 9pt; font-family: 'times new roman', times; line-height: inherit;"><span style="line-height: inherit;"><sup>(*)</sup></span><span> Includes balances related to interest in Venezuelan companies. See note <span style="border-left: none; border-right: none; line-height: inherit;">34</span> to these Consolidated Financial Statements.</span></span></p><div style="line-height: 1.2;"/><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; height: 452px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 27px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 27px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Carrying amount </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 27px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Measurement Categories </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="5" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At Fair Value </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> December 31, 2021 </span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Amortized Cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> FVOCI </span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> FVPL </span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 1</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 2</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Level 3</span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-color: #000000 !important;" valign="bottom"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px; width: 22%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Cash and cash equivalents </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">318,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">212,430</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">105,697</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">105,697</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Other investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">397,849</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">239,742</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff; margin-left: 0.1px;"><td style="padding: 0px 7px 0px 15px; vertical-align: top; background-color: #cceeff; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Fixed income (time-deposit, zero coupon bonds, commercial papers) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">239,742</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">239,742</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding: 0px 7px 0px 12px; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Certificates of deposits </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">94,414</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">94,414</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding: 0px 7px 0px 12px; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Commercial papers </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">30,062</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">30,062</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding: 0px 7px 0px 12px; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other notes </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">115,266</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">115,266</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding: 0px 7px 0px 15px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> Bonds and other fixed income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">158,107</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Non-U.S. government securities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">10,660</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">10,660</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">10,660</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Corporates securities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">147,447</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">147,447</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">147,447</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Derivative financial instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Other Investments Non-current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">320,254</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Bonds and other fixed income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">312,619</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">7,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Trade receivables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,299,072</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">1,299,072</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Receivables C and NC <span style="font-size: 8pt; line-height: inherit;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">302,164</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">85,220</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other receivables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">133,879</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">85,220</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">48,659</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-indent: 12pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other receivables (non-financial) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">168,285</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,836,464</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">519,385</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">124,647</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">576,423</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">11,315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">56,294</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Liabilities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Borrowings C and NC </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Trade payables </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">845,256</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">845,256</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Lease Liabilities C and NC </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">117,285</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">117,285</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> Derivative financial instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,293,474</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 4pt 0pt 0pt; text-indent: 0pt;"><span style="font-size: 9pt; font-family: 'times new roman', times; line-height: inherit;"><span style="line-height: inherit;"><sup>(*)</sup></span><span>Includes balances related to interest in Venezuelan companies. See note <span style="border-left: none; border-right: none; line-height: inherit;">34</span> to these Consolidated Financial Statements.</span></span></p> | |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
1091527000 | usd |
| CY2022Q4 | ifrs-full |
Current Investments
CurrentInvestments
|
438448000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Investments Other Than Investments Accounted For Using Equity Method
NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
|
119902000 | usd |
| CY2022Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
2493940000 | usd |
| CY2022Q4 | ifrs-full |
Other Receivables
OtherReceivables
|
395531000 | usd |
| CY2022Q4 | ifrs-full |
Borrowings
Borrowings
|
728762000 | usd |
| CY2022Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
1179457000 | usd |
| CY2022Q4 | ifrs-full |
Lease Liabilities
LeaseLiabilities
|
112177000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
318127000 | usd |
| CY2021Q4 | ifrs-full |
Current Investments
CurrentInvestments
|
397849000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Investments Other Than Investments Accounted For Using Equity Method
NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
|
320254000 | usd |
| CY2021Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
1299072000 | usd |
| CY2021Q4 | ifrs-full |
Other Receivables
OtherReceivables
|
302164000 | usd |
| CY2021Q4 | ifrs-full |
Borrowings
Borrowings
|
330933000 | usd |
| CY2021Q4 | ifrs-full |
Trade And Other Current Payables
TradeAndOtherCurrentPayables
|
845256000 | usd |
| CY2021Q4 | ifrs-full |
Lease Liabilities
LeaseLiabilities
|
117285000 | usd |
| CY2022 | ts |
Minimum Maturity Period Of Certificates Of Deposits
MinimumMaturityPeriodOfCertificatesOfDeposits
|
P3M | |
| CY2022 | ifrs-full |
Disclosure Of Fair Value Measurement Explanatory
DisclosureOfFairValueMeasurementExplanatory
|
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; height: 102px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 76%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">56,294</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">56,319</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (Decrease) / increase </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,126</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">219</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment and others </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (181</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (244</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">54,987</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">56,294</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ts |
Financial Liabilities Fair Value As A Percentage Of Carrying Value
FinancialLiabilitiesFairValueAsAPercentageOfCarryingValue
|
0.992 | pure |
| CY2021Q4 | ts |
Financial Liabilities Fair Value As A Percentage Of Carrying Value
FinancialLiabilitiesFairValueAsAPercentageOfCarryingValue
|
0.996 | pure |
| CY2022Q4 | ifrs-full |
Reserve Of Cash Flow Hedges Continuing Hedges
ReserveOfCashFlowHedgesContinuingHedges
|
13100000 | usd |
| CY2021Q4 | ifrs-full |
Reserve Of Cash Flow Hedges Continuing Hedges
ReserveOfCashFlowHedgesContinuingHedges
|
1300000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Entitys Reportable Segments Explanatory
DisclosureOfEntitysReportableSegmentsExplanatory
|
<p style="line-height: 1.2; margin: 0pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #003366; line-height: inherit;"><span style="font-weight: bold; line-height: inherit;">1</span><span style="font-weight: bold; margin-left: 30px; line-height: inherit;">Segment information</span></span></p><p style="line-height: 1.2; margin: 0pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">As mentioned in section II.C, the Segment Information is disclosed as follows:</span></p><p style="margin: 0pt; text-align: justify; text-indent: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><p style="margin: 0pt; text-align: justify; text-indent: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">Reportable operating segments</span></span></p><p style="margin: 0pt; text-align: justify; text-indent: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><p style="margin: 0pt; text-align: justify; text-indent: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">(All amounts in millions of U.S. dollars)</span></p><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><div><table cellpadding="0" style="height: 238px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100.002%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2022 </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Tubes </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Other </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 65%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Management view - operating income </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,772</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">75</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,847</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Difference in cost of sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">44</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in selling, general and administrative expenses </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in other operating income (expenses), net </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">74</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - operating income </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,963</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Financial income (expense), net </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Income before equity in earnings of non-consolidated companies and income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,957</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Equity in earnings of non-consolidated companies </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">209</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Income before income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">3,166</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - Net Sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">11,133</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">630</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">11,763</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">588</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">20</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">608</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div><p style="margin: 0pt; text-align: justify;"><span style="color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></span></p><div id="t_ft_NSKWDQVLTS00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 221px; width: 100.001%;" width="100%"><tbody><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2021 </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Tubes </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Other </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 65%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Management view - operating income </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">178</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">65</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">243</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Difference in cost of sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">473</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in depreciation and amortization </span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in other operating income (expenses), net </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (8</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - operating income </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">708</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Financial income (expense), net </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">23</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Income before equity in earnings of non-consolidated companies and income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">731</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Equity in earnings of non-consolidated companies </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">513</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Income before income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">1,243</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr><td style="vertical-align: bottom; padding: 0px 0px 0px 7px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - Net Sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,994</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">528</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">6,521</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">575</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">20</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">595</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div><p style="margin: 0pt; text-align: justify;"><span style="color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></span></p><div id="t_ft_LAA2DWAXMO00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 221px; width: 100%;" width="100%"><tbody><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2020 </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Tubes </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Other </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 65%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Management view - operating (loss) </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (277</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (50</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (327</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Difference in cost of sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (134</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in selling, general and administrative expenses </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (2</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in other operating income (expenses), net </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (200</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - operating (loss) </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (663</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Financial income (expense), net </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (65</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> (Loss) before equity in earnings of non-consolidated companies and income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (728</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Equity in earnings of non-consolidated companies </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">109</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> (Loss) before income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (619</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - Net Sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,844</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">303</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,147</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">661</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">18</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">679</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div></div><div><p style="margin:0pt"><br/></p></div></div><div><div id="t_ft_UYSN92L2LS00000000000000000000b"/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; color: #000000;">Transactions between segments, which were eliminated in consolidation, are mainly related to sales of scrap, energy, surplus raw materials and others from the Other segment to the Tubes segment for $77.9 million, $45.6 million and $16.9 million in 2022, 2021 and 2020, respectively.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">There are no material differences between IFRS and management view in total revenues and by reportable segments.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">The differences between operating income under IFRS view and the management view are mainly related to the cost of goods sold, reflecting the effect of raw materials prices increases on the valuation of the replacement cost considered for management view compared to IFRS cost calculated at historical cost on a FIFO basis, and other minor timing differences. </span></p><p style="margin: 0pt; line-height: 1.2;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">The main difference in <span style="font-style: italic; line-height: inherit;">Other operating income (expenses)</span>, for the year ended December 31, 2022, is attributable to the effect of the reclassification of the currency translation adjustment reserve related to NKK Tubes’ definitive cease of operations, not impacting the management view. For the year ended in December 31, 2020, the main difference in <span style="font-style: italic; line-height: inherit;">Other operating income (expenses)</span> is attributable to the impairment of the goodwill, which residual value in the management view differed from IFRS.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">In addition to the amounts reconciled above, the main differences in net income arise from the impact of functional currencies on financial result, deferred income taxes as well as the result of investment in non-consolidated companies.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p><div><div id="t_ft_7CI0E6MZHC00000000000000000000b"/></div><div id="fs_ZV153G1SNK00000000000000000000B"><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; color: #000000; line-height: inherit;">Geographical information</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px; height: 430px;" width="100%"><tbody><tr style="height: 22px;"><td style="margin: 0pt; padding-right: 8px; vertical-align: bottom; height: 22px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.97756%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> North America </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.97756%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> South America </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.89443%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Europe </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 10.3076%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Middle East & Africa </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.89443%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Asia Pacific </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.89443%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="font-weight: bold; margin: 0pt; line-height: inherit;">Unallocated </span><sup><span style="font-weight: bold; vertical-align: super; margin: 0pt; line-height: inherit;">(*)</span></sup></span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.89443%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2022 </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; width: 29.3433%; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Net sales </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">6,902,787</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,550,402</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,000,833</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,031,106</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">277,398</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">11,762,526</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Total assets </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">9,018,386</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,896,403</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">2,071,624</span></span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">739,579</span></span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">283,608</span></span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">1,540,646</span></span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">17,550,246</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Trade receivables </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,371,717</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">583,223</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">202,753</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">249,637</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">86,610</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,493,940</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Property, plant and equipment, net </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,548,844</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,031,423</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">706,539</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">189,701</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">79,756</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">5,556,263</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Capital expenditures </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">118,644</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">176,448</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">62,143</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,813</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">18,398</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">378,446</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">348,550</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">125,324</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">76,631</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">37,612</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">19,606</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">607,723</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom; height: 17px; width: 29.3433%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2021 </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Net sales </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,360,345</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,311,279</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">742,463</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">857,120</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">250,000</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">6,521,207</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Total assets </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">7,992,946</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,399,448</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,727,573</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">581,204</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">364,486</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,383,774</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">14,449,431</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Trade receivables </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">652,483</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">234,800</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">180,515</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">146,125</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">85,149</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,299,072</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Property, plant and equipment, net </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,805,912</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">984,413</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">742,461</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">221,859</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">70,156</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">5,824,801</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Capital expenditures </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">106,118</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">63,723</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">43,344</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">6,689</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">19,644</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">239,518</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">307,116</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">125,781</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">89,667</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">41,528</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">30,629</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">594,721</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom; height: 17px; width: 29.3433%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2020 </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Net sales </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,179,949</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">776,235</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">642,793</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,227,532</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">320,225</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">5,146,734</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Total assets </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,071,574</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,868,458</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,461,738</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">804,559</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">552,508</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">957,352</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">13,716,189</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Trade receivables </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">411,692</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">115,972</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">139,427</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">210,194</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">90,863</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">968,148</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Property, plant and equipment, net </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,971,101</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,050,619</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">823,057</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">242,939</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">105,465</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">6,193,181</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Capital expenditures </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">71,531</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">63,111</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">39,691</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">10,452</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,537</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">193,322</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">408,546</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">106,827</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">84,518</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">44,259</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">34,656</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">678,806</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr></tbody></table><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 9pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><sup><span style="font-family: 'Frutiger 45 Light'; color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; line-height: inherit;">(*)</span> </span></sup><span>For 2022, 2021 and 2020 includes <span style="font-style: italic; line-height: inherit;">Investment</span><span style="font-style: italic; line-height: inherit;">s in non-consolidated companies</span>. See note 13 to these Consolidated Financial Statements.</span></span></p></div><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 8pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">There are no revenues from external customers attributable to the Company’s country of incorporation (Luxembourg). </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">The principal countries from which the Company derives its revenues are USA (42%), Argentina (13%), Mexico (<span style="border-left: none; border-right: none; line-height: inherit;">10</span>%), Canada, Colombia and Italy.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Revenue is mainly recognized at a point in time to direct customers, when control has been transferred and there is no unfulfilled performance obligation that could affect the acceptance of the product by the customer. Revenues related to governmental institutions represent approximately 22%, 23% and 24% in 2022, 2021 and 2020 respectively.</span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Tubes segment revenues by market:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">(All amounts in millions of U.S. dollars)</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><table cellpadding="0" style="height: 85px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Revenues Tubes </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><div id="fs_70W1P6SE4000000000000000000000B"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"><span style="line-height: inherit;">2022</span></span></p></div></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2021</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2020</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 65%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Oil & Gas </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 9,543</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 4,895</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 4,022</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Oil & Gas processing plants </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 738</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 459</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 407</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Industrial, Power and Others </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 852</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 640</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 415</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Total </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">11,133</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,994</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,844</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><br/></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">At December 31, 2022, 2021 and 2020, the Company recognized contract liabilities related to customer advances in the amount of $242.9 million, $92.4 million and $48.7 million, respectively. Each of these amounts are reclassified to revenues during the subsequent years. In these periods, no significant adjustments in revenues were performed related to previously satisfied performance obligations.</span><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><br/></span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Operating Segments Explanatory
DisclosureOfOperatingSegmentsExplanatory
|
<div><table cellpadding="0" style="height: 238px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100.002%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2022 </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Tubes </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Other </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 65%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Management view - operating income </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,772</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">75</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,847</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Difference in cost of sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">44</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in selling, general and administrative expenses </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in other operating income (expenses), net </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">74</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - operating income </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,963</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Financial income (expense), net </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Income before equity in earnings of non-consolidated companies and income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,957</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Equity in earnings of non-consolidated companies </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">209</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Income before income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">3,166</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - Net Sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">11,133</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">630</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">11,763</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">588</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">20</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">608</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div><p style="margin: 0pt; text-align: justify;"><span style="color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></span></p><div id="t_ft_NSKWDQVLTS00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 221px; width: 100.001%;" width="100%"><tbody><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2021 </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Tubes </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Other </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 65%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Management view - operating income </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">178</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">65</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">243</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Difference in cost of sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">473</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in depreciation and amortization </span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in other operating income (expenses), net </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (8</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - operating income </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">708</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Financial income (expense), net </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">23</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Income before equity in earnings of non-consolidated companies and income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">731</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Equity in earnings of non-consolidated companies </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">513</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Income before income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">1,243</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr><td style="vertical-align: bottom; padding: 0px 0px 0px 7px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom;"><br/></td><td style="vertical-align: bottom; white-space: nowrap;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - Net Sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,994</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">528</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">6,521</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">575</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">20</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">595</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div><p style="margin: 0pt; text-align: justify;"><span style="color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></span></p><div id="t_ft_LAA2DWAXMO00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 221px; width: 100%;" width="100%"><tbody><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2020 </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Tubes </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Other </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 65%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Management view - operating (loss) </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (277</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (50</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (327</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Difference in cost of sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (134</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in selling, general and administrative expenses </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (2</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Differences in other operating income (expenses), net </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><br/></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (200</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - operating (loss) </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><br/></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (663</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Financial income (expense), net </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (65</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> (Loss) before equity in earnings of non-consolidated companies and income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (728</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Equity in earnings of non-consolidated companies </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">109</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> (Loss) before income tax </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (619</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> IFRS - Net Sales </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,844</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">303</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,147</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">661</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;">18</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">679</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div> | |
| CY2022 | ifrs-full |
Disclosure Of Geographical Areas Explanatory
DisclosureOfGeographicalAreasExplanatory
|
<table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px; height: 430px;" width="100%"><tbody><tr style="height: 22px;"><td style="margin: 0pt; padding-right: 8px; vertical-align: bottom; height: 22px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.97756%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> North America </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.97756%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> South America </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.89443%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Europe </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 10.3076%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Middle East & Africa </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.89443%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Asia Pacific </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.89443%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="font-weight: bold; margin: 0pt; line-height: inherit;">Unallocated </span><sup><span style="font-weight: bold; vertical-align: super; margin: 0pt; line-height: inherit;">(*)</span></sup></span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; text-align: center; width: 8.89443%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 22px; width: 0.997506%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2022 </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; width: 29.3433%; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Net sales </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">6,902,787</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,550,402</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,000,833</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,031,106</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">277,398</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">11,762,526</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Total assets </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">9,018,386</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,896,403</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">2,071,624</span></span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">739,579</span></span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">283,608</span></span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">1,540,646</span></span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">17,550,246</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Trade receivables </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,371,717</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">583,223</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">202,753</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">249,637</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">86,610</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,493,940</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Property, plant and equipment, net </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,548,844</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,031,423</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">706,539</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">189,701</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">79,756</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">5,556,263</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Capital expenditures </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">118,644</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">176,448</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">62,143</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,813</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">18,398</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">378,446</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">348,550</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">125,324</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">76,631</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">37,612</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">19,606</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">607,723</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom; height: 17px; width: 29.3433%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2021 </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Net sales </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,360,345</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,311,279</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">742,463</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">857,120</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">250,000</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">6,521,207</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Total assets </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">7,992,946</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,399,448</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,727,573</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">581,204</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">364,486</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,383,774</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">14,449,431</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Trade receivables </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">652,483</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">234,800</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">180,515</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">146,125</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">85,149</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,299,072</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Property, plant and equipment, net </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,805,912</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">984,413</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">742,461</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">221,859</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">70,156</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">5,824,801</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Capital expenditures </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">106,118</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">63,723</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">43,344</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">6,689</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">19,644</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">239,518</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">307,116</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">125,781</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">89,667</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">41,528</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">30,629</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">594,721</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom; height: 17px; width: 29.3433%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2020 </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Net sales </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,179,949</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">776,235</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">642,793</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,227,532</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">320,225</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">5,146,734</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Total assets </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,071,574</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,868,458</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,461,738</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">804,559</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">552,508</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">957,352</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">13,716,189</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Trade receivables </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">411,692</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">115,972</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">139,427</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">210,194</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">90,863</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">968,148</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Property, plant and equipment, net </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,971,101</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,050,619</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">823,057</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">242,939</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">105,465</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">6,193,181</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Capital expenditures </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">71,531</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">63,111</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">39,691</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">10,452</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,537</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">193,322</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; background-color: #cceeff; height: 17px; padding: 0px 0px 0px 7px; width: 29.3433%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation and amortization </span></p></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">408,546</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.97756%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">106,827</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">84,518</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 10.3076%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">44,259</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">34,656</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td><td align="right" style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 8.89443%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">678,806</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 0.997506%;"><br/></td></tr></tbody></table> | |
| CY2021 | ifrs-full |
Revenue
Revenue
|
6521207000 | usd |
| CY2021Q4 | ifrs-full |
Assets
Assets
|
14449431000 | usd |
| CY2021Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
1299072000 | usd |
| CY2021Q4 | ifrs-full |
Property Plant And Equipment
PropertyPlantAndEquipment
|
5824801000 | usd |
| CY2021 | ifrs-full |
Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
|
239518000 | usd |
| CY2021 | ifrs-full |
Depreciation And Amortisation Expense
DepreciationAndAmortisationExpense
|
594721000 | usd |
| CY2020 | ifrs-full |
Revenue
Revenue
|
5146734000 | usd |
| CY2020Q4 | ifrs-full |
Assets
Assets
|
13716189000 | usd |
| CY2020Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
968148000 | usd |
| CY2020Q4 | ifrs-full |
Property Plant And Equipment
PropertyPlantAndEquipment
|
6193181000 | usd |
| CY2020 | ifrs-full |
Purchase Of Property Plant And Equipment Intangible Assets Other Than Goodwill Investment Property And Other Noncurrent Assets
PurchaseOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets
|
193322000 | usd |
| CY2020 | ifrs-full |
Depreciation And Amortisation Expense
DepreciationAndAmortisationExpense
|
678806000 | usd |
| CY2022 | ts |
Segment Revenues By Market Explanatory
SegmentRevenuesByMarketExplanatory
|
<table cellpadding="0" style="height: 85px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Revenues Tubes </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><div id="fs_70W1P6SE4000000000000000000000B"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"><span style="line-height: inherit;">2022</span></span></p></div></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2021</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2020</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 65%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Oil & Gas </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 9,543</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 4,895</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 4,022</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Oil & Gas processing plants </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 738</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 459</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 407</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Industrial, Power and Others </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 852</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 640</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> 415</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Total </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">11,133</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,994</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,844</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ifrs-full |
Contract Liabilities
ContractLiabilities
|
242900000 | usd |
| CY2021Q4 | ifrs-full |
Contract Liabilities
ContractLiabilities
|
92400000 | usd |
| CY2020Q4 | ifrs-full |
Contract Liabilities
ContractLiabilities
|
48700000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Cost Of Sales Explanatory
DisclosureOfCostOfSalesExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 22.4pt; text-indent: -22.4pt;"><span style="font-size: 10pt; font-family: "times new roman", times; color: rgb(0, 51, 102); line-height: inherit;"><span style="font-weight: bold; line-height: inherit;">2</span><span style="font-weight: bold; margin-left: 30px; line-height: inherit;">Cost of sales</span></span></p><p style="margin: 0px; text-indent: 0px;"><br/></p><div id="t_ft_B0E7ZD8XGW00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 317px; width: 100.001%;" width="100%"><tbody><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td colspan="8" style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; text-align: center; color: #000000; line-height: inherit;"> Year ended December 31, </span></p></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2022</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2021</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2020</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Inventories at the beginning of the year </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,672,593</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">1,636,673</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2,265,880</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 65%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Increase in inventory due to business combinations </span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; width: 1%; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; width: 1%; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">199,589</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Decrease in inventory due to sale of subsidiaries </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (10,662</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Plus: Charges of the year </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Raw materials, energy, consumables and other </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">5,772,031</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">3,841,551</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,545,688</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Services and fees </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">293,490</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">208,472</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">154,976</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times; color: #000000; line-height: inherit;">Labor cost <span style="font-size: 8pt; line-height: inherit;"><sup>(*)</sup></span> </span></p></td><td align="right" style="height: 10px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,160,085</span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="height: 10px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">824,071</span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="height: 10px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">757,359</span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation of property, plant and equipment </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">465,849</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">448,843</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">503,725</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Amortization of intangible assets </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">11,754</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">7,645</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,121</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation of right-of-use assets </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">33,244</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">35,910</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">40,127</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Maintenance expenses </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">267,294</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">129,350</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">107,764</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Allowance for obsolescence </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">24,901</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">23,296</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">35,809</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Taxes </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">194,736</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">40,887</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">45,162</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Other </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">178,691</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">98,159</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">59,790</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="height: 17px; background-color: #cceeff; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,402,075</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,647,522</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">3,458,110</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Less: Inventories at the end of the year </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (3,986,929</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (2,672,593</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (1,636,673</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 18px; background-color: #cceeff;"><td style="height: 18px; background-color: #cceeff; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p></td><td align="right" style="height: 18px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">7,087,739</span></p></td><td style="vertical-align: bottom; height: 18px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 18px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,611,602</span></p></td><td style="vertical-align: bottom; height: 18px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 18px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,087,317</span></p></td><td style="vertical-align: bottom; height: 18px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div><p style="margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 12pt; margin: 0px; text-align: justify; text-indent: 0px;"><span style="font-size: 9pt; line-height: inherit;"><sup><span style="font-family: 'Frutiger 45 Light'; color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; line-height: inherit;">(*)</span> </span></sup><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><span><span style="border-right: none; border-left: none; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;"> For the </span><span style="font-weight: normal; line-height: inherit;">year</span><span style="font-weight: normal; line-height: inherit;"> ended December 202</span><span style="font-weight: normal; line-height: inherit;">2</span><span style="font-weight: normal; line-height: inherit;">, 202</span><span style="font-weight: normal; line-height: inherit;">1</span><span style="font-weight: normal; line-height: inherit;"> and 20</span><span style="font-weight: normal; line-height: inherit;">20</span><span style="font-weight: normal; line-height: inherit;">, labor cost includes approximately </span><span style="font-weight: normal; line-height: inherit;">$</span><span style="border-right: none; border-left: none; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">17.8</span></span></span></span></span></span><span style="font-weight: normal; line-height: inherit;"> million, </span><span style="font-weight: normal; line-height: inherit;">$</span><span style="border-right: none; border-left: none; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">12.8</span></span></span></span></span></span><span style="font-weight: normal; line-height: inherit;"> million</span><span style="font-weight: normal; line-height: inherit;"> and</span><span style="font-weight: normal; line-height: inherit;"> $</span><span style="border-right: none; border-left: none; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;"><span style="font-weight: normal; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;"><span style="border-left: none; border-right: none; line-height: inherit;">81.3</span></span></span></span></span></span><span style="font-weight: normal; line-height: inherit;"> million respectively of severance indemnities related to the adjustment of the workforce to market conditions.</span></span></span></span></span></p> | |
| CY2021Q4 | ts |
Inventories Including Discontinued Operations
InventoriesIncludingDiscontinuedOperations
|
2672593000 | usd |
| CY2020Q4 | ts |
Inventories Including Discontinued Operations
InventoriesIncludingDiscontinuedOperations
|
1636673000 | usd |
| CY2019Q4 | ts |
Inventories Including Discontinued Operations
InventoriesIncludingDiscontinuedOperations
|
2265880000 | usd |
| CY2022 | ts |
Increase In Inventory Due To Business Combinations
IncreaseInInventoryDueToBusinessCombinations
|
usd | |
| CY2021 | ts |
Increase In Inventory Due To Business Combinations
IncreaseInInventoryDueToBusinessCombinations
|
usd | |
| CY2020 | ts |
Increase In Inventory Due To Business Combinations
IncreaseInInventoryDueToBusinessCombinations
|
199589000 | usd |
| CY2022 | ts |
Decrease In Inventory Due To Sale Of Subsidiaries
DecreaseInInventoryDueToSaleOfSubsidiaries
|
usd | |
| CY2021 | ts |
Decrease In Inventory Due To Sale Of Subsidiaries
DecreaseInInventoryDueToSaleOfSubsidiaries
|
10662000 | usd |
| CY2020 | ts |
Decrease In Inventory Due To Sale Of Subsidiaries
DecreaseInInventoryDueToSaleOfSubsidiaries
|
usd | |
| CY2022 | ts |
Cost Of Sales Raw Materials Energy Consumables And Other
CostOfSalesRawMaterialsEnergyConsumablesAndOther
|
5772031000 | usd |
| CY2021 | ts |
Cost Of Sales Raw Materials Energy Consumables And Other
CostOfSalesRawMaterialsEnergyConsumablesAndOther
|
3841551000 | usd |
| CY2020 | ts |
Cost Of Sales Raw Materials Energy Consumables And Other
CostOfSalesRawMaterialsEnergyConsumablesAndOther
|
1545688000 | usd |
| CY2022 | ts |
Cost Of Sales Services And Fees
CostOfSalesServicesAndFees
|
293490000 | usd |
| CY2021 | ts |
Cost Of Sales Services And Fees
CostOfSalesServicesAndFees
|
208472000 | usd |
| CY2020 | ts |
Cost Of Sales Services And Fees
CostOfSalesServicesAndFees
|
154976000 | usd |
| CY2022 | ts |
Cost Of Sales Labor Cost
CostOfSalesLaborCost
|
1160085000 | usd |
| CY2021 | ts |
Cost Of Sales Labor Cost
CostOfSalesLaborCost
|
824071000 | usd |
| CY2020 | ts |
Cost Of Sales Labor Cost
CostOfSalesLaborCost
|
757359000 | usd |
| CY2022 | ts |
Cost Of Sales Depreciation Of Property Plant And Equipment
CostOfSalesDepreciationOfPropertyPlantAndEquipment
|
465849000 | usd |
| CY2021 | ts |
Cost Of Sales Depreciation Of Property Plant And Equipment
CostOfSalesDepreciationOfPropertyPlantAndEquipment
|
448843000 | usd |
| CY2020 | ts |
Cost Of Sales Depreciation Of Property Plant And Equipment
CostOfSalesDepreciationOfPropertyPlantAndEquipment
|
503725000 | usd |
| CY2022 | ts |
Cost Of Sales Amortization Of Intangible Assets
CostOfSalesAmortizationOfIntangibleAssets
|
11754000 | usd |
| CY2021 | ts |
Cost Of Sales Amortization Of Intangible Assets
CostOfSalesAmortizationOfIntangibleAssets
|
7645000 | usd |
| CY2020 | ts |
Cost Of Sales Amortization Of Intangible Assets
CostOfSalesAmortizationOfIntangibleAssets
|
8121000 | usd |
| CY2022 | ts |
Depreciation Of Right Of Use Assets Inventory Impact On Cost Of Sales
DepreciationOfRightOfUseAssetsInventoryImpactOnCostOfSales
|
33244000 | usd |
| CY2021 | ts |
Depreciation Of Right Of Use Assets Inventory Impact On Cost Of Sales
DepreciationOfRightOfUseAssetsInventoryImpactOnCostOfSales
|
35910000 | usd |
| CY2020 | ts |
Depreciation Of Right Of Use Assets Inventory Impact On Cost Of Sales
DepreciationOfRightOfUseAssetsInventoryImpactOnCostOfSales
|
40127000 | usd |
| CY2022 | ts |
Cost Of Sales Maintenance Expenses
CostOfSalesMaintenanceExpenses
|
267294000 | usd |
| CY2021 | ts |
Cost Of Sales Maintenance Expenses
CostOfSalesMaintenanceExpenses
|
129350000 | usd |
| CY2020 | ts |
Cost Of Sales Maintenance Expenses
CostOfSalesMaintenanceExpenses
|
107764000 | usd |
| CY2022 | ts |
Cost Of Sales Allowance For Obsolescence
CostOfSalesAllowanceForObsolescence
|
24901000 | usd |
| CY2021 | ts |
Cost Of Sales Allowance For Obsolescence
CostOfSalesAllowanceForObsolescence
|
23296000 | usd |
| CY2020 | ts |
Cost Of Sales Allowance For Obsolescence
CostOfSalesAllowanceForObsolescence
|
35809000 | usd |
| CY2022 | ts |
Cost Of Sales Taxes
CostOfSalesTaxes
|
194736000 | usd |
| CY2021 | ts |
Cost Of Sales Taxes
CostOfSalesTaxes
|
40887000 | usd |
| CY2020 | ts |
Cost Of Sales Taxes
CostOfSalesTaxes
|
45162000 | usd |
| CY2022 | ts |
Cost Of Sales Other
CostOfSalesOther
|
178691000 | usd |
| CY2021 | ts |
Cost Of Sales Other
CostOfSalesOther
|
98159000 | usd |
| CY2020 | ts |
Cost Of Sales Other
CostOfSalesOther
|
59790000 | usd |
| CY2022 | ts |
Cost Of Sales Including Discontinued Operations
CostOfSalesIncludingDiscontinuedOperations
|
8402075000 | usd |
| CY2021 | ts |
Cost Of Sales Including Discontinued Operations
CostOfSalesIncludingDiscontinuedOperations
|
5647522000 | usd |
| CY2020 | ts |
Cost Of Sales Including Discontinued Operations
CostOfSalesIncludingDiscontinuedOperations
|
3458110000 | usd |
| CY2022Q4 | ts |
Inventories Including Discontinued Operations
InventoriesIncludingDiscontinuedOperations
|
3986929000 | usd |
| CY2021Q4 | ts |
Inventories Including Discontinued Operations
InventoriesIncludingDiscontinuedOperations
|
2672593000 | usd |
| CY2020Q4 | ts |
Inventories Including Discontinued Operations
InventoriesIncludingDiscontinuedOperations
|
1636673000 | usd |
| CY2022 | ifrs-full |
Cost Of Sales
CostOfSales
|
7087739000 | usd |
| CY2021 | ifrs-full |
Cost Of Sales
CostOfSales
|
4611602000 | usd |
| CY2020 | ifrs-full |
Cost Of Sales
CostOfSales
|
4087317000 | usd |
| CY2022 | ts |
Cost Of Sales Labor Cost Severance Charges
CostOfSalesLaborCostSeveranceCharges
|
17800000 | usd |
| CY2021 | ts |
Cost Of Sales Labor Cost Severance Charges
CostOfSalesLaborCostSeveranceCharges
|
12800000 | usd |
| CY2020 | ts |
Cost Of Sales Labor Cost Severance Charges
CostOfSalesLaborCostSeveranceCharges
|
81300000 | usd |
| CY2022 | ifrs-full |
Disclosure Of General And Administrative Expense Explanatory
DisclosureOfGeneralAndAdministrativeExpenseExplanatory
|
<p style="margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #003366; line-height: inherit;"><span style="font-weight: bold; line-height: inherit;">3</span><span style="font-weight: bold; margin-left: 30px; line-height: inherit;">Selling, general and administrative expenses</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div id="t_ft_HRXKC3PZI800000000000000000000b"><table border="0" cellpadding="0" style="width: 100%; border-collapse: collapse; margin: 0px; text-indent: 0px; font-family: 'times new roman'; font-size: 10pt; height: 22px;" width="100%"><tbody><tr style="height: 1px;"><td style="padding: 0cm 5.4pt; height: 1px;" valign="top"/><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td><td colspan="7" style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;" valign="top"><p style="text-align: center; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><b><span style="line-height: inherit;">Year ended December 31,</span></b></span></p></td><td style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0cm 5.4pt; height: 1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;"><br/></td></tr><tr style="height: 1px;"><td style="padding: 0cm 5.4pt; height: 1px;" valign="top"/><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td><td style="border-top: none; border-right: none; border-left: none; border-image: initial; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;" valign="top"><p style="text-align: center; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><b><span style="line-height: inherit;">2022</span></b></span></p></td><td style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;"><br/></td><td style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;"><br/></td><td style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;" valign="top"><p style="text-align: center; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><b><span style="line-height: inherit;">2021</span></b></span></p></td><td style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;"><br/></td><td style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;"><br/></td><td style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;" valign="top"><p style="text-align: center; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><b><span style="line-height: inherit;">2020</span></b></span></p></td><td style="border-top: none; border-right: none; border-left: none; border-image: initial; padding: 0cm 5.4pt; height: 1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: windowtext !important;"><br/></td></tr><tr style="height: 1px; background-color: #cceeff;"><td style="padding: 0cm 5.4pt; height: 1px; width: 64%; background-color: #cceeff;" valign="bottom"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Services and fees </span></p></td><td style="padding: 0cm 5.4pt; width: 1%; background-color: #cceeff; height: 1px;"><br/></td><td style="background: #cceeff; padding: 0cm 0px; height: 1px; width: 10%; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">148,331</span></p></td><td style="padding: 0cm 0px; width: 1%; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; width: 1%; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; width: 10%; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">115,303</span></p></td><td style="padding: 0cm 0px; width: 1%; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; width: 1%; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; width: 10%; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">115,883</span></p></td><td style="padding: 0cm 5.4pt; width: 1%; background-color: #cceeff; height: 1px;"><br/></td></tr><tr style="height: 1px;"><td style="padding: 0cm 5.4pt; height: 1px;" valign="top"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">Labor cost <span style="font-size: 8pt; line-height: inherit;"><sup>(*)</sup></span></span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td><td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">518,500</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">426,414</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">444,436</span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td></tr><tr style="height: 1px; background-color: #cceeff;"><td style="padding: 0cm 5.4pt; height: 1px; background-color: #cceeff;" valign="bottom"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Depreciation of property, plant and equipment </span></p></td><td style="padding: 0cm 5.4pt; background-color: #cceeff; height: 1px;"><br/></td><td style="background: #cceeff; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">21,883</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">22,924</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">26,814</span></p></td><td style="padding: 0cm 5.4pt; background-color: #cceeff; height: 1px;"><br/></td></tr><tr style="height: 1px;"><td style="padding: 0cm 5.4pt; height: 1px;" valign="bottom"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Amortization of intangible assets </span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td><td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">59,018</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">63,874</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">82,355</span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td></tr><tr style="height: 1px; background-color: #cceeff;"><td style="padding: 0cm 5.4pt; height: 1px; background-color: #cceeff;" valign="top"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Depreciation of right-of-use assets </span></p></td><td style="padding: 0cm 5.4pt; background-color: #cceeff; height: 1px;"><br/></td><td style="background: #cceeff; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">15,975</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">15,525</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">17,664</span></p></td><td style="padding: 0cm 5.4pt; background-color: #cceeff; height: 1px;"><br/></td></tr><tr style="height: 1px;"><td style="padding: 0cm 5.4pt; height: 1px;" valign="bottom"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Commissions, freight and other selling expenses </span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td><td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">641,812</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">415,895</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">310,815</span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td></tr><tr style="height: 1px; background-color: #cceeff;"><td style="padding: 0cm 5.4pt; height: 1px; background-color: #cceeff;" valign="bottom"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Provisions for contingencies </span></p></td><td style="padding: 0cm 5.4pt; background-color: #cceeff; height: 1px;"><br/></td><td style="background: #cceeff; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">20,606</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">24,998</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">11,957</span></p></td><td style="padding: 0cm 5.4pt; background-color: #cceeff; height: 1px;"><br/></td></tr><tr style="height: 1px;"><td style="padding: 0cm 5.4pt; height: 1px;" valign="bottom"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Allowances for doubtful accounts </span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td><td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> (223</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;">)</td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> (4,297</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;">)</td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">4,644</span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td></tr><tr style="height: 1px; background-color: #cceeff;"><td style="padding: 0cm 5.4pt; height: 1px; background-color: #cceeff;" valign="bottom"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Taxes </span></p></td><td style="padding: 0cm 5.4pt; background-color: #cceeff; height: 1px;"><br/></td><td style="background: #cceeff; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">121,410</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">78,800</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px; background-color: #cceeff;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">63,234</span></p></td><td style="padding: 0cm 5.4pt; background-color: #cceeff; height: 1px;"><br/></td></tr><tr style="height: 1px;"><td style="padding: 0cm 5.4pt; height: 1px;" valign="bottom"><p style="text-align: justify; margin: 0cm 0cm 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;"> Other </span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td><td style="background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">87,263</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">47,133</span></p></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; margin: 0px; text-indent: 0px; height: 1px;"><br/></td><td style="padding: 0cm 0px; height: 1px; margin: 0px; text-indent: 0px;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-size: 10pt; font-family: 'times new roman', times; line-height: inherit;">41,425</span></p></td><td style="padding: 0cm 5.4pt; height: 1px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding: 0px; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px;" valign="bottom"/><td style="padding: 0px; background-color: #cceeff; height: 10px; margin: 0px; text-indent: 0px;"><br/></td><td style="border-left: none; border-right: none; background: #cceeff; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: windowtext !important; border-bottom-color: windowtext !important;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><b><span style="font-size: 9pt; font-family: 'Frutiger 45 Light', 'sans-serif'; line-height: inherit;">1,634,575</span></b></p></td><td style="border-left: none; border-right: none; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: windowtext !important; border-bottom-color: windowtext !important;"><br/></td><td style="border-left: none; border-right: none; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: windowtext !important; border-bottom-color: windowtext !important;"><br/></td><td style="border-left: none; border-right: none; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: windowtext !important; border-bottom-color: windowtext !important;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><b><span style="font-size: 9pt; font-family: 'Frutiger 45 Light', 'sans-serif'; line-height: inherit;">1,206,569</span></b></p></td><td style="border-left: none; border-right: none; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: windowtext !important; border-bottom-color: windowtext !important;"><br/></td><td style="border-left: none; border-right: none; padding: 0px; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: windowtext !important; border-bottom-color: windowtext !important;"><br/></td><td style="border-left: none; border-right: none; padding: 0px; height: 10px; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: windowtext !important; border-bottom-color: windowtext !important;" valign="bottom"><p style="text-align: right; margin: 0px; font-size: 12pt; font-family: 'Times New Roman', 'serif'; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><b><span style="font-size: 9pt; font-family: 'Frutiger 45 Light', 'sans-serif'; line-height: inherit;">1,119,227</span></b></p></td><td style="border-left: none; border-right: none; padding: 0px; background-color: #cceeff; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: windowtext !important; border-bottom-color: windowtext !important; margin: 0px; text-indent: 0px;"><br/></td></tr></tbody></table></div><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify; font-size: 9pt;"><span style="font-family: 'Times New Roman', 'serif'; font-size: 9pt; color: #000000; line-height: inherit;"><span style="font-size: 9pt; line-height: inherit;"><sup><span style="font-family: 'times new roman', times; line-height: inherit;">(*)</span></sup></span><span><span style="font-family: 'times new roman', times; line-height: inherit;">For the year ended December 2022, 2021</span> and <span style="border-left: none; border-right: none; line-height: inherit;">2020</span>, labor cost includes approximately $<span style="border-left: none; border-right: none; line-height: inherit;">11.2</span> million, $<span style="border-left: none; border-right: none; line-height: inherit;">15.8</span> million and $<span style="border-left: none; border-right: none; line-height: inherit;">61.2</span> million respectively of severance indemnities related to the adjustment of the workforce to market conditions.</span></span></p> | |
| CY2022 | ts |
Selling General And Administrative Expenses Services And Fees
SellingGeneralAndAdministrativeExpensesServicesAndFees
|
148331000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Services And Fees
SellingGeneralAndAdministrativeExpensesServicesAndFees
|
115303000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Services And Fees
SellingGeneralAndAdministrativeExpensesServicesAndFees
|
115883000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Labor Cost
SellingGeneralAndAdministrativeExpensesLaborCost
|
518500000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Labor Cost
SellingGeneralAndAdministrativeExpensesLaborCost
|
426414000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Labor Cost
SellingGeneralAndAdministrativeExpensesLaborCost
|
444436000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Depreciation Of Property Plant And Equipment
SellingGeneralAndAdministrativeExpensesDepreciationOfPropertyPlantAndEquipment
|
21883000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Depreciation Of Property Plant And Equipment
SellingGeneralAndAdministrativeExpensesDepreciationOfPropertyPlantAndEquipment
|
22924000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Depreciation Of Property Plant And Equipment
SellingGeneralAndAdministrativeExpensesDepreciationOfPropertyPlantAndEquipment
|
26814000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Amortization Of Intangible Assets
SellingGeneralAndAdministrativeExpensesAmortizationOfIntangibleAssets
|
59018000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Amortization Of Intangible Assets
SellingGeneralAndAdministrativeExpensesAmortizationOfIntangibleAssets
|
63874000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Amortization Of Intangible Assets
SellingGeneralAndAdministrativeExpensesAmortizationOfIntangibleAssets
|
82355000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Depreciation Of Rightofuse Assets
SellingGeneralAndAdministrativeExpensesDepreciationOfRightofuseAssets
|
15975000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Depreciation Of Rightofuse Assets
SellingGeneralAndAdministrativeExpensesDepreciationOfRightofuseAssets
|
15525000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Depreciation Of Rightofuse Assets
SellingGeneralAndAdministrativeExpensesDepreciationOfRightofuseAssets
|
17664000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Commissions Freight And Other Selling Expenses
SellingGeneralAndAdministrativeExpensesCommissionsFreightAndOtherSellingExpenses
|
641812000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Commissions Freight And Other Selling Expenses
SellingGeneralAndAdministrativeExpensesCommissionsFreightAndOtherSellingExpenses
|
415895000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Commissions Freight And Other Selling Expenses
SellingGeneralAndAdministrativeExpensesCommissionsFreightAndOtherSellingExpenses
|
310815000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Provisions For Contingencies
SellingGeneralAndAdministrativeExpensesProvisionsForContingencies
|
20606000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Provisions For Contingencies
SellingGeneralAndAdministrativeExpensesProvisionsForContingencies
|
24998000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Provisions For Contingencies
SellingGeneralAndAdministrativeExpensesProvisionsForContingencies
|
11957000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Allowances For Doubtful Accounts
SellingGeneralAndAdministrativeExpensesAllowancesForDoubtfulAccounts
|
-223000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Allowances For Doubtful Accounts
SellingGeneralAndAdministrativeExpensesAllowancesForDoubtfulAccounts
|
-4297000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Allowances For Doubtful Accounts
SellingGeneralAndAdministrativeExpensesAllowancesForDoubtfulAccounts
|
4644000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Taxes
SellingGeneralAndAdministrativeExpensesTaxes
|
121410000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Taxes
SellingGeneralAndAdministrativeExpensesTaxes
|
78800000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Taxes
SellingGeneralAndAdministrativeExpensesTaxes
|
63234000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Other
SellingGeneralAndAdministrativeExpensesOther
|
87263000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Other
SellingGeneralAndAdministrativeExpensesOther
|
47133000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Other
SellingGeneralAndAdministrativeExpensesOther
|
41425000 | usd |
| CY2022 | ifrs-full |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1634575000 | usd |
| CY2021 | ifrs-full |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1206569000 | usd |
| CY2020 | ifrs-full |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1119227000 | usd |
| CY2022 | ts |
Selling General And Administrative Expenses Labor Cost Severance Charges
SellingGeneralAndAdministrativeExpensesLaborCostSeveranceCharges
|
11200000 | usd |
| CY2021 | ts |
Selling General And Administrative Expenses Labor Cost Severance Charges
SellingGeneralAndAdministrativeExpensesLaborCostSeveranceCharges
|
15800000 | usd |
| CY2020 | ts |
Selling General And Administrative Expenses Labor Cost Severance Charges
SellingGeneralAndAdministrativeExpensesLaborCostSeveranceCharges
|
61200000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Employee Benefits Explanatory
DisclosureOfEmployeeBenefitsExplanatory
|
<p style="margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #003366;"><span style="font-weight: bold;">4</span><span style="font-weight: bold; margin-left: 30px;">Labor costs (included in Cost of sales and in Selling, general and administrative expenses)</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><br/></p><div id="t_ft_R3J9P88EJ400000000000000000000b"><table cellpadding="0" style="height: 129px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td colspan="8" style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; text-align: center; color: #000000;"> Year ended December 31, </span></p></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2022</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2021</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2020</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 65%; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Wages, salaries and social security costs </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,594,200</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,170,562</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 1%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,036,211</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Severance indemnities </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">29,070</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">28,625</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">142,458</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Defined contribution plans </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">13,256</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">12,608</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">12,442</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Pension benefits - defined benefit plans </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">16,320</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">13,353</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">11,097</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Employee retention and long-term incentive program </span></p></td><td align="right" style="height: 10px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">25,739</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 10px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">25,337</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 10px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> (413</span></p></td><td align="left" style="height: 10px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">1,678,585</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">1,250,485</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">1,201,795</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;"> </span></p></td></tr></tbody></table></div><p style="line-height: 12pt; margin: 0px; text-indent: 0px;"><br/></p><div style="border-right: none; border-left: none;"><p style="line-height: 12pt; margin: 0pt;"><span style="font-size: 10pt; font-family: 'times new roman', times; color: #000000;">The following table shows the geographical distribution of the employees:</span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 9pt; color: #000000;"> </span></p><table cellpadding="0" style="height: 222px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 18px;"><td style="height: 18px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td align="right" style="height: 18px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2022</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 18px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2021</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 18px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2020</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 65%; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Argentina </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">6,444</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">5,169</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">4,376</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Mexico </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">5,919</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">5,474</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">4,501</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> USA </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">3,509</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">2,684</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,596</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Italy </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">2,136</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">2,011</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">2,039</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Romania </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,847</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,725</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,552</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Brazil </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,460</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,817</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,360</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Colombia </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,183</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,009</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">746</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Canada </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">944</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">758</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">561</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Indonesia </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">495</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">506</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">521</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Japan </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">11</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">379</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">399</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Other </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,344</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,244</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,377</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">25,292</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">22,776</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">19,028</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div> | |
| CY2022 | ifrs-full |
Shortterm Employee Benefits Expense
ShorttermEmployeeBenefitsExpense
|
1594200000 | usd |
| CY2021 | ifrs-full |
Shortterm Employee Benefits Expense
ShorttermEmployeeBenefitsExpense
|
1170562000 | usd |
| CY2020 | ifrs-full |
Shortterm Employee Benefits Expense
ShorttermEmployeeBenefitsExpense
|
1036211000 | usd |
| CY2022 | ifrs-full |
Termination Benefits Expense
TerminationBenefitsExpense
|
29070000 | usd |
| CY2021 | ifrs-full |
Termination Benefits Expense
TerminationBenefitsExpense
|
28625000 | usd |
| CY2020 | ifrs-full |
Termination Benefits Expense
TerminationBenefitsExpense
|
142458000 | usd |
| CY2022 | ifrs-full |
Postemployment Benefit Expense Defined Contribution Plans
PostemploymentBenefitExpenseDefinedContributionPlans
|
13256000 | usd |
| CY2021 | ifrs-full |
Postemployment Benefit Expense Defined Contribution Plans
PostemploymentBenefitExpenseDefinedContributionPlans
|
12608000 | usd |
| CY2020 | ifrs-full |
Postemployment Benefit Expense Defined Contribution Plans
PostemploymentBenefitExpenseDefinedContributionPlans
|
12442000 | usd |
| CY2022 | ifrs-full |
Postemployment Benefit Expense Defined Benefit Plans
PostemploymentBenefitExpenseDefinedBenefitPlans
|
16320000 | usd |
| CY2021 | ifrs-full |
Postemployment Benefit Expense Defined Benefit Plans
PostemploymentBenefitExpenseDefinedBenefitPlans
|
13353000 | usd |
| CY2020 | ifrs-full |
Postemployment Benefit Expense Defined Benefit Plans
PostemploymentBenefitExpenseDefinedBenefitPlans
|
11097000 | usd |
| CY2022 | ts |
Employee Retention And Long Term Incentive Program Expenses Income
EmployeeRetentionAndLongTermIncentiveProgramExpensesIncome
|
25739000 | usd |
| CY2021 | ts |
Employee Retention And Long Term Incentive Program Expenses Income
EmployeeRetentionAndLongTermIncentiveProgramExpensesIncome
|
25337000 | usd |
| CY2020 | ts |
Employee Retention And Long Term Incentive Program Expenses Income
EmployeeRetentionAndLongTermIncentiveProgramExpensesIncome
|
-413000 | usd |
| CY2022 | ifrs-full |
Employee Benefits Expense
EmployeeBenefitsExpense
|
1678585000 | usd |
| CY2021 | ifrs-full |
Employee Benefits Expense
EmployeeBenefitsExpense
|
1250485000 | usd |
| CY2020 | ifrs-full |
Employee Benefits Expense
EmployeeBenefitsExpense
|
1201795000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Information About Employees Explanatory
DisclosureOfInformationAboutEmployeesExplanatory
|
<table cellpadding="0" style="height: 222px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 18px;"><td style="height: 18px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td align="right" style="height: 18px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2022</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 18px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2021</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 18px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2020</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 18px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 65%; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Argentina </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">6,444</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">5,169</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">4,376</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Mexico </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">5,919</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">5,474</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">4,501</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> USA </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">3,509</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">2,684</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,596</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Italy </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">2,136</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">2,011</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">2,039</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Romania </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,847</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,725</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,552</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Brazil </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,460</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,817</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,360</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Colombia </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,183</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,009</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">746</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Canada </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">944</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">758</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">561</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Indonesia </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">495</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">506</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">521</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Japan </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">11</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">379</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">399</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Other </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,344</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,244</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,377</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">25,292</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">22,776</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">19,028</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ifrs-full |
Number Of Employees
NumberOfEmployees
|
25292 | employee |
| CY2021Q4 | ifrs-full |
Number Of Employees
NumberOfEmployees
|
22776 | employee |
| CY2020Q4 | ifrs-full |
Number Of Employees
NumberOfEmployees
|
19028 | employee |
| CY2022 | ifrs-full |
Disclosure Of Impairment Of Assets Explanatory
DisclosureOfImpairmentOfAssetsExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="color: #003366; font-family: 'times new roman', times;"><span style="font-size: 10pt; font-weight: bold;">5</span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px;">Impairment charge</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;">Tenaris’s main source of revenue is the sale of products and services to the oil and gas industry, and the level of such sales is sensitive to international oil and gas prices and their impact on drilling activities.</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="color: #000000;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">The Company conducts regular assessments of the carrying values of its assets. The </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">recoverable </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">value</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">i</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">s based on the value </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">in</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">use. The main key assumptions used in estimating the value in use are discount ra</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">te, growth rate and competitive,</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> economic </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">and regulatory </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">factors applied to determine cash flow projections, such as oil and gas prices, average number of active oil and gas drilling rigs (rig count) and raw material costs.</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> In December 2022, the </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">C</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">ompany conducted impairment tests,</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> and</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">also </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">reviewed and </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">impaired</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> the values of certain idle assets in its subsidiaries.</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="color: #000000;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">For purposes of assessing key assumptions, to estimate discounted future cash flows, the Company uses external sources of information and management judgment based on past experience</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> and expectations</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">. </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">Management has determined the value of each of the key assumptions as follows:</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="color: #000000;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">- Discount rate: based on the applicable weighted average cost of capital (“WACC”), which is considered to be a good indicator of capital cost, taking into account the industry, country and size of the business. For each CGU where assets are allocated, a specific WACC was determined. In 202</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">2</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">, the main discount rates used were in a range between 13.4</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">% and 20.2</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">%.</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="color: #000000;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">- Growth rate: considers mainly the inflation impact on prices and costs, the long-term </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">evolution</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">of</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> the oil and gas industry, the higher demand to offset depletion- of existing fields and the Company’s expected market penetration. In <span style="border-left: none; border-right: none;">202</span></span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"><span style="border-left: none; border-right: none;">2</span></span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">, a nominal growth rate of 2% was considered.</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="color: #000000;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">- Oil and gas prices: based on industry analysts’ reports and</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">management’s expectations of</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> market development</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">.</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;">- Rig count: based on information published by Baker Hughes and management’s expectations.</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;">- Raw material costs: based on industry analysts’ reports and management’s expectations.</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="margin: 0pt; text-align: justify;"><span style="color: #000000;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">In December 2022, </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">in the presence of </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">impairment indicator</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">s, the </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">C</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">ompany conducted impairment tests</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> and reviewed </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">the values </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">of</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">certain idle assets in its subsidiaries. The aforementioned analysis resulted </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">in impairment</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> charge</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">s</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> of</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> $</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">76.7</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">million</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">, </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">allocated</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> in $</span><span style="border-left: none; border-right: none;"><span style="border-right: none; border-left: none;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"><span style="border-left: none; border-right: none;">63.1</span></span></span></span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> million to the Tubes segment </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">and $13.6 million to the Other s</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">egment</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">.</span></span></p><p style="margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10.5pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="color: #000000;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">In December, 2021, as a result of the expected termination of </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">the</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> NKKTubes joint venture</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">,</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">which represented an im</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">pairment indicator for its assets, an impairment test was conducted, resulting in </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">a </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">charge of $57 million</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> that </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">totally reduced</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> the carrying amounts of p</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">roperty, plant and equipment and intangible assets. </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">The total amount was allocated to the Tubes segment. </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">Remaining </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">carrying amounts a</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">fter the recognition of impairment charges amounted to $53 million</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> mainly related to working capital</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">. </span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="color: #000000;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">For the year 2020 a charge of approximately $622 million, impacting the carrying value of goodwill of the CGUs OCTG-USA, IPSCO and Coiled Tubing for $225 million, $357 million and $4 million</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">respectively, and the carrying value of </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">property, plant and equipment</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> of the CGU Rods-USA for $36 million was recorded.</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> Out of the total amount, $582 million were allocated to the Tubes segment.</span></span></p> | |
| CY2022 | ts |
Growth Rates Used In Current Estimate Of Value In Use
GrowthRatesUsedInCurrentEstimateOfValueInUse
|
0.02 | pure |
| CY2022 | ifrs-full |
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
76700000 | usd |
| CY2020 | ifrs-full |
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss
ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss
|
622000000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Other Operating Income Expense Explanatory
DisclosureOfOtherOperatingIncomeExpenseExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 22.4pt; text-indent: -22.4pt;"><span style="color: rgb(0, 51, 102);"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-weight: bold;">6</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-weight: bold; margin-left: 30px;">Other operating income and expenses</span></span></p><p style="line-height: 12pt; margin: 0pt 0pt 0pt 22.4pt; text-indent: -22.4pt;"><br/></p><div id="t_ft_064N9BOQOG00000000000000000000b"><table cellpadding="0" style="height: 275px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 20px;"><td style="height: 20px; margin: 0pt; padding-right: 8px; vertical-align: bottom; width: 64.9331%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td colspan="7" style="vertical-align: bottom; height: 20px; white-space: nowrap; width: 34.0267%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; text-align: center; color: #000000;"> Year ended December 31, </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 20px; width: 1.48588%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom; width: 64.9331%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; width: 9.95542%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2022</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; text-align: center; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; text-align: center; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; width: 9.95542%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2021</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; text-align: center; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; text-align: center; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; width: 9.95542%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">2020</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; text-align: center; width: 1.48588%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; width: 64.9331%; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; color: #000000;"> Other operating income </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.04012%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.04012%;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.04012%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.04012%;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Net income from other sales </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">28,161</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">10,694</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">9,891</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Net rents </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">5,084</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">5,314</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">5,501</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;">Reclassification of currency translation adjustment reserve <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">71,252</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;">Tax recovery in Brazilian subsidiaries <span style="font-size: 8pt;"><sup>(**)</sup></span> </span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">35,568</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">8,164</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;">Other <span style="font-size: 8pt;"><sup>(***)</sup></span></span></p></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">16,290</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">9,837</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Recovery on allowance for doubtful receivables </span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">379</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="height: 17px; background-color: #cceeff; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom; width: 64.9331%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">104,497</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">68,245</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">33,393</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.48588%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; color: #000000;"> Other operating expenses </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.04012%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.04012%;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.04012%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.04012%;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Contributions to welfare projects and non-profit organizations </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">13,668</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">6,697</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">12,989</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;">Securities Exchange Commission investigation settlement <span style="font-size: 8pt;"><sup>(****)</sup></span></span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">78,100</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Allowance for doubtful receivables </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">346</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td style="background-color: #cceeff; margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">1,263</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.48588%;"><br/></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 64.9331%;"><p style="margin: 0pt;"><span style="color: #000000; font-family: 'times new roman', times; font-size: 10pt;"> Other</span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000;">12,595</span></p></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.95542%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.95542%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="margin: 0px; vertical-align: bottom; height: 17px; width: 1.48588%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="height: 17px; background-color: #cceeff; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom; width: 64.9331%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">104,709</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">6,697</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.04012%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.95542%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000;">14,252</span></p></td><td style="background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.48588%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 8pt; color: #000000;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><sup>(*)</sup> <span>During <span style="border-left: none; border-right: none; line-height: inherit;">2022</span>, as result of NKKTubes’ definitive cease of operations, the currency translation adjustment reserve belonging to the shareholders was reclassified to the income statement. For more information see note <span style="border-left: none; border-right: none; line-height: inherit;">35</span> “Other Relevant Information <span style="font-style: italic; line-height: inherit;">–</span><span style="font-style: italic; line-height: inherit;">A</span><span style="font-style: italic; line-height: inherit;">greement to terminate NKKTubes joint venture</span><span style="font-style: italic; line-height: inherit;">”</span><span style="font-style: italic; line-height: inherit;">.</span></span></span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 9pt; line-height: inherit;"><sup><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;">(**) </span></sup><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><span>On May 13, 2021, the Brazilian Supreme Court issued a final judgment which confirmed that the methodology for calculating PIS and COFINS (Federal Social Contributions on Gross Revenues) tax claims to which taxpayers are entitled to, should exclude from its base the total output of ICMS, calculated on a gross basis. This decision led to a recognition of approximately $<span style="border-left: none; border-right: none; line-height: inherit;">53</span> million tax credit in Brazilian subsidiaries, out of which $<span style="border-left: none; border-right: none; line-height: inherit;">36</span> million were recognized in other operating income and $<span style="border-left: none; border-right: none; line-height: inherit;">17</span> million in financial results (impacting in Finance Income and Finance Cost). In addition the tax charge related to this gain amounted to $<span style="border-left: none; border-right: none; line-height: inherit;">12</span> million.</span></span></span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-size: 9pt;"><sup><span style="font-family: 'times new roman', times; color: #000000;"><br/></span></sup></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 9pt; line-height: inherit;"><sup><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;">(***)</span></sup><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"> <span>On November 1, 2021 the Company transferred <span style="border-left: none; border-right: none; line-height: inherit;">100</span>% of the shares of Geneva Structural Tubes LLC (“Geneva”) to MKK USA Inc., a subsidiary of Maruichi Steel Tube Ltd of Japan for an aggregate price of $<span style="border-left: none; border-right: none; line-height: inherit;">24.3</span> million. The gain of this transaction ascended to approximately $<span style="border-left: none; border-right: none; line-height: inherit;">6.8</span> million.</span></span></span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000;"><sup><br/></sup></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 9pt; line-height: inherit;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(****) </sup></span><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><span>For more information see note <span style="border-left: none; border-right: none; line-height: inherit;">26</span> “Contingencies, commitments and restrictions to the distribution of profits - <span style="font-style: italic; line-height: inherit;">Contingencies - Petrobras-related proceedings and claims</span>”.</span></span></span></p> | |
| CY2022 | ts |
Other Operating Income Net Income From Other Sales
OtherOperatingIncomeNetIncomeFromOtherSales
|
28161000 | usd |
| CY2021 | ts |
Other Operating Income Net Income From Other Sales
OtherOperatingIncomeNetIncomeFromOtherSales
|
10694000 | usd |
| CY2020 | ts |
Other Operating Income Net Income From Other Sales
OtherOperatingIncomeNetIncomeFromOtherSales
|
9891000 | usd |
| CY2022 | ifrs-full |
Rental Income
RentalIncome
|
5084000 | usd |
| CY2021 | ifrs-full |
Rental Income
RentalIncome
|
5314000 | usd |
| CY2020 | ifrs-full |
Rental Income
RentalIncome
|
5501000 | usd |
| CY2022 | ts |
Other Operating Income Reclassification Of Currency Translation Adjustment Reserve
OtherOperatingIncomeReclassificationOfCurrencyTranslationAdjustmentReserve
|
71252000 | usd |
| CY2021 | ts |
Other Operating Income Reclassification Of Currency Translation Adjustment Reserve
OtherOperatingIncomeReclassificationOfCurrencyTranslationAdjustmentReserve
|
usd | |
| CY2020 | ts |
Other Operating Income Reclassification Of Currency Translation Adjustment Reserve
OtherOperatingIncomeReclassificationOfCurrencyTranslationAdjustmentReserve
|
usd | |
| CY2022 | ts |
Tax Credit From Program Of Social Integration And Contribution For Financing Of Social Security Other Operating Income
TaxCreditFromProgramOfSocialIntegrationAndContributionForFinancingOfSocialSecurityOtherOperatingIncome
|
usd | |
| CY2021 | ts |
Tax Credit From Program Of Social Integration And Contribution For Financing Of Social Security Other Operating Income
TaxCreditFromProgramOfSocialIntegrationAndContributionForFinancingOfSocialSecurityOtherOperatingIncome
|
35568000 | usd |
| CY2020 | ts |
Tax Credit From Program Of Social Integration And Contribution For Financing Of Social Security Other Operating Income
TaxCreditFromProgramOfSocialIntegrationAndContributionForFinancingOfSocialSecurityOtherOperatingIncome
|
8164000 | usd |
| CY2022 | ifrs-full |
Miscellaneous Other Operating Income
MiscellaneousOtherOperatingIncome
|
usd | |
| CY2021 | ifrs-full |
Miscellaneous Other Operating Income
MiscellaneousOtherOperatingIncome
|
16290000 | usd |
| CY2020 | ifrs-full |
Miscellaneous Other Operating Income
MiscellaneousOtherOperatingIncome
|
9837000 | usd |
| CY2022 | ts |
Other Operating Income Recovery On Allowance For Doubtful Accounts
OtherOperatingIncomeRecoveryOnAllowanceForDoubtfulAccounts
|
usd | |
| CY2021 | ts |
Other Operating Income Recovery On Allowance For Doubtful Accounts
OtherOperatingIncomeRecoveryOnAllowanceForDoubtfulAccounts
|
379000 | usd |
| CY2020 | ts |
Other Operating Income Recovery On Allowance For Doubtful Accounts
OtherOperatingIncomeRecoveryOnAllowanceForDoubtfulAccounts
|
usd | |
| CY2022 | ifrs-full |
Other Income
OtherIncome
|
104497000 | usd |
| CY2021 | ifrs-full |
Other Income
OtherIncome
|
68245000 | usd |
| CY2020 | ifrs-full |
Other Income
OtherIncome
|
33393000 | usd |
| CY2022 | ts |
Other Operating Expense Contributions To Welfare Projects And Nonprofits Organizations
OtherOperatingExpenseContributionsToWelfareProjectsAndNonprofitsOrganizations
|
13668000 | usd |
| CY2021 | ts |
Other Operating Expense Contributions To Welfare Projects And Nonprofits Organizations
OtherOperatingExpenseContributionsToWelfareProjectsAndNonprofitsOrganizations
|
6697000 | usd |
| CY2020 | ts |
Other Operating Expense Contributions To Welfare Projects And Nonprofits Organizations
OtherOperatingExpenseContributionsToWelfareProjectsAndNonprofitsOrganizations
|
12989000 | usd |
| CY2022 | ts |
Other Operating Expense Securities Exchange Commission Investigation Settlement
OtherOperatingExpenseSecuritiesExchangeCommissionInvestigationSettlement
|
78100000 | usd |
| CY2021 | ts |
Other Operating Expense Securities Exchange Commission Investigation Settlement
OtherOperatingExpenseSecuritiesExchangeCommissionInvestigationSettlement
|
usd | |
| CY2020 | ts |
Other Operating Expense Securities Exchange Commission Investigation Settlement
OtherOperatingExpenseSecuritiesExchangeCommissionInvestigationSettlement
|
usd | |
| CY2022 | ts |
Other Operating Expenses Allowance For Doubtful Receivables
OtherOperatingExpensesAllowanceForDoubtfulReceivables
|
346000 | usd |
| CY2021 | ts |
Other Operating Expenses Allowance For Doubtful Receivables
OtherOperatingExpensesAllowanceForDoubtfulReceivables
|
usd | |
| CY2020 | ts |
Other Operating Expenses Allowance For Doubtful Receivables
OtherOperatingExpensesAllowanceForDoubtfulReceivables
|
1263000 | usd |
| CY2022 | ifrs-full |
Miscellaneous Other Operating Expense
MiscellaneousOtherOperatingExpense
|
12595000 | usd |
| CY2021 | ifrs-full |
Miscellaneous Other Operating Expense
MiscellaneousOtherOperatingExpense
|
usd | |
| CY2020 | ifrs-full |
Miscellaneous Other Operating Expense
MiscellaneousOtherOperatingExpense
|
usd | |
| CY2022 | ifrs-full |
Other Expense By Function
OtherExpenseByFunction
|
104709000 | usd |
| CY2021 | ifrs-full |
Other Expense By Function
OtherExpenseByFunction
|
6697000 | usd |
| CY2020 | ifrs-full |
Other Expense By Function
OtherExpenseByFunction
|
14252000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Finance Income Expense Explanatory
DisclosureOfFinanceIncomeExpenseExplanatory
|
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; color: #003366; line-height: inherit;"><span style="font-size: 10pt; font-weight: bold; line-height: inherit;">7</span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px; line-height: inherit;">Financial results</span></span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><div id="fs_1HLCP16FWG00000000000000000000B"><div><table cellpadding="0" style="height: 206px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 20px;"><td style="height: 20px; margin: 0pt; padding-right: 8px; vertical-align: bottom; width: 61.6071%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td colspan="8" style="vertical-align: bottom; height: 20px; white-space: nowrap; width: 37.6488%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; text-align: center; color: #000000; line-height: inherit;"> Year ended December 31, </span></p></td></tr><tr style="height: 16px;"><td style="height: 16px; margin: 0pt; padding-right: 8px; vertical-align: bottom; width: 61.6071%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p></td><td align="right" style="height: 16px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2022</span></p></td><td style="vertical-align: bottom; height: 16px; white-space: nowrap; text-align: center; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 16px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 16px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2021</span></p></td><td style="vertical-align: bottom; height: 16px; white-space: nowrap; text-align: center; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 16px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 16px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2020</span></p></td><td style="vertical-align: bottom; height: 16px; white-space: nowrap; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 61.6071%; padding: 0px 0px 0px 27px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Interest Income </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">86,112</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; width: 1.33929%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">38,048</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; width: 1.33929%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">21,625</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Net result on changes in FV of financial assets at FVPL </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6,092</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Impairment result on financial assets at FVTOCI </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (3,238</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="font-weight: bold; line-height: inherit;">Finance Income <span style="font-size: 8pt;"><sup>(*)</sup></span></span></span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">80,020</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">38,048</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">18,387</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Finance cost </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (45,940</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (23,677</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (27,014</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Net foreign exchange transactions results <span style="font-size: 8pt;"><sup>(**)</sup></span></span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">15,654</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">17,287</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (74,422</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Foreign exchange derivatives contracts results<span style="font-size: 9pt;"><sup>(***)</sup></span></span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (25,666</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (7,966</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">19,644</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Other <span style="font-size: 8pt;"><sup>(****)</sup></span></span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (30,108</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,026</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,590</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Other financial results</span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (40,120</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,295</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (56,368</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Net financial results </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (6,040</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">22,666</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (64,995</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><sup><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;">(*) </span></sup><span><span style="border-right: none; border-left: none;"><span style="font-style: italic; line-height: inherit;">Finance Income: </span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span>, <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span> and <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2020</span></span> includes $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">33</span></span> million, $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">3.3</span></span> million and $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">6.5</span></span> million of interest related to instruments carried at FVPL, respectively. </span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span> also includes a realized loss of $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">10.5</span></span> million related to the change in FV of certain financial instruments obtained in an operation of settlement of trade receivables.</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span> also includes $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">18</span></span> million of non-financial interest related to PIS and COFINS taxes recovery in Brazilian subsidiaries. For more information, see note <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">6</span></span> to these Consolidated Financial Statements.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(**) </sup></span><span><span style="border-right: none; border-left: none;"><span style="font-style: italic; line-height: inherit;">Net foreign exchange transactions results:</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span> mainly includes result from the Argentine peso and Japanese yen depreciation against the U.S. dollar on Argentine peso and Japanese yen denominated trade, financial, social, and fiscal payables at subsidiaries with functional currency U.S. dollar, together with the result from Euro depreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. dollar, largely offset by an increase in currency translation adjustment reserve from an Italian subsidiary.</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span> mainly includes the result from Euro depreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. dollar, largely offset by an increase in currency translation adjustment reserve from an Italian subsidiary, together with the result from the Argentine peso and Japanese yen depreciation against the U.S. dollar on Argentine peso and Japanese yen denominated trade, financial, social, and fiscal payables at subsidiaries with functional currency U.S. dollar. </span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2020</span></span> mainly includes the negative impact from Euro appreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. dollar, largely offset by the currency translation adjustment reserve from our Italian subsidiary, together with the negative impact from Brazilian Real depreciation against the U.S. dollar on U.S. dollar denominated intercompany liabilities in subsidiaries with functional currency Brazilian Real, largely offset by the currency translation adjustment reserve from our Brazilian subsidiaries. Also includes the negative result from the Mexican peso depreciation against the U.S. dollar on peso denominated trade, social, fiscal and financial positions at Mexican subsidiaries with functional currency U.S. dollar.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(***) </sup></span><span><span style="border-right: none; border-left: none;"><span style="font-style: italic; line-height: inherit;">Foreign exchange derivatives contracts results:</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span> includes mainly losses on derivatives covering net receivables in Brazilian real and net liabilities in Euro and Japanese yen.</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span> includes mainly losses on derivatives covering net liabilities in Euro and Japanese yen, partially offset by gains on derivatives covering net receivables in Brazilian real.</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2020</span></span> includes mainly gain on derivatives covering net receivables in Mexican peso, Brazilian real and Canadian dollar and net payables in Euro.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"> </span></p><p style="background-color: #ffffff; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 9pt;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(****) </sup></span><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><span><span style="border-right: none; border-left: none;"><span style="font-style: italic; line-height: inherit;">Other:</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span> includes a loss of $<span style="border-left: none; border-right: none;">29.8</span> million related to the transfer of Argentine sovereign bonds paid as dividend in kind from an Argentinian subsidiary to its shareholders. For more information see note <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">28</span></span>.</span></span></span></span></span></p></div> | |
| CY2022 | ts |
Disclosure Of Detailed Information About Financial Income Cost
DisclosureOfDetailedInformationAboutFinancialIncomeCost
|
<div id="fs_1HLCP16FWG00000000000000000000B"><div><table cellpadding="0" style="height: 206px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 20px;"><td style="height: 20px; margin: 0pt; padding-right: 8px; vertical-align: bottom; width: 61.6071%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p></td><td colspan="8" style="vertical-align: bottom; height: 20px; white-space: nowrap; width: 37.6488%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; text-align: center; color: #000000; line-height: inherit;"> Year ended December 31, </span></p></td></tr><tr style="height: 16px;"><td style="height: 16px; margin: 0pt; padding-right: 8px; vertical-align: bottom; width: 61.6071%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p></td><td align="right" style="height: 16px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2022</span></p></td><td style="vertical-align: bottom; height: 16px; white-space: nowrap; text-align: center; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 16px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 16px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2021</span></p></td><td style="vertical-align: bottom; height: 16px; white-space: nowrap; text-align: center; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 16px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 16px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">2020</span></p></td><td style="vertical-align: bottom; height: 16px; white-space: nowrap; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 61.6071%; padding: 0px 0px 0px 27px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Interest Income </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">86,112</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; width: 1.33929%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">38,048</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; width: 1.33929%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">21,625</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Net result on changes in FV of financial assets at FVPL </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6,092</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Impairment result on financial assets at FVTOCI </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (3,238</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="font-weight: bold; line-height: inherit;">Finance Income <span style="font-size: 8pt;"><sup>(*)</sup></span></span></span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">80,020</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">38,048</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">18,387</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Finance cost </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (45,940</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (23,677</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (27,014</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Net foreign exchange transactions results <span style="font-size: 8pt;"><sup>(**)</sup></span></span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">15,654</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">17,287</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (74,422</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Foreign exchange derivatives contracts results<span style="font-size: 9pt;"><sup>(***)</sup></span></span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (25,666</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (7,966</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">19,644</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.08333%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 27px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Other <span style="font-size: 8pt;"><sup>(****)</sup></span></span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (30,108</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,026</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,590</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Other financial results</span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (40,120</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,295</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (56,368</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 61.6071%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Net financial results </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (6,040</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">22,666</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1.93452%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1.33929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 9.67262%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> (64,995</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.08333%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><sup><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;">(*) </span></sup><span><span style="border-right: none; border-left: none;"><span style="font-style: italic; line-height: inherit;">Finance Income: </span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span>, <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span> and <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2020</span></span> includes $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">33</span></span> million, $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">3.3</span></span> million and $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">6.5</span></span> million of interest related to instruments carried at FVPL, respectively. </span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span> also includes a realized loss of $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">10.5</span></span> million related to the change in FV of certain financial instruments obtained in an operation of settlement of trade receivables.</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span> also includes $<span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">18</span></span> million of non-financial interest related to PIS and COFINS taxes recovery in Brazilian subsidiaries. For more information, see note <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">6</span></span> to these Consolidated Financial Statements.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(**) </sup></span><span><span style="border-right: none; border-left: none;"><span style="font-style: italic; line-height: inherit;">Net foreign exchange transactions results:</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span> mainly includes result from the Argentine peso and Japanese yen depreciation against the U.S. dollar on Argentine peso and Japanese yen denominated trade, financial, social, and fiscal payables at subsidiaries with functional currency U.S. dollar, together with the result from Euro depreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. dollar, largely offset by an increase in currency translation adjustment reserve from an Italian subsidiary.</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span> mainly includes the result from Euro depreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. dollar, largely offset by an increase in currency translation adjustment reserve from an Italian subsidiary, together with the result from the Argentine peso and Japanese yen depreciation against the U.S. dollar on Argentine peso and Japanese yen denominated trade, financial, social, and fiscal payables at subsidiaries with functional currency U.S. dollar. </span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2020</span></span> mainly includes the negative impact from Euro appreciation against the U.S. dollar on Euro denominated intercompany liabilities in subsidiaries with functional currency U.S. dollar, largely offset by the currency translation adjustment reserve from our Italian subsidiary, together with the negative impact from Brazilian Real depreciation against the U.S. dollar on U.S. dollar denominated intercompany liabilities in subsidiaries with functional currency Brazilian Real, largely offset by the currency translation adjustment reserve from our Brazilian subsidiaries. Also includes the negative result from the Mexican peso depreciation against the U.S. dollar on peso denominated trade, social, fiscal and financial positions at Mexican subsidiaries with functional currency U.S. dollar.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(***) </sup></span><span><span style="border-right: none; border-left: none;"><span style="font-style: italic; line-height: inherit;">Foreign exchange derivatives contracts results:</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span> includes mainly losses on derivatives covering net receivables in Brazilian real and net liabilities in Euro and Japanese yen.</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2021</span></span> includes mainly losses on derivatives covering net liabilities in Euro and Japanese yen, partially offset by gains on derivatives covering net receivables in Brazilian real.</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2020</span></span> includes mainly gain on derivatives covering net receivables in Mexican peso, Brazilian real and Canadian dollar and net payables in Euro.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"> </span></p><p style="background-color: #ffffff; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 9pt;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(****) </sup></span><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><span><span style="border-right: none; border-left: none;"><span style="font-style: italic; line-height: inherit;">Other:</span><br/><span style="color: #000000; line-height: inherit;">In <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2022</span></span> includes a loss of $<span style="border-left: none; border-right: none;">29.8</span> million related to the transfer of Argentine sovereign bonds paid as dividend in kind from an Argentinian subsidiary to its shareholders. For more information see note <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">28</span></span>.</span></span></span></span></span></p></div> | |
| CY2022 | ifrs-full |
Revenue From Interest
RevenueFromInterest
|
86112000 | usd |
| CY2021 | ifrs-full |
Revenue From Interest
RevenueFromInterest
|
38048000 | usd |
| CY2020 | ifrs-full |
Revenue From Interest
RevenueFromInterest
|
21625000 | usd |
| CY2022 | ts |
Net Financial Income On Changes In Fv Of Financial Assets At Fvtpl
NetFinancialIncomeOnChangesInFVOfFinancialAssetsAtFVTPL
|
-6092000 | usd |
| CY2021 | ts |
Net Financial Income On Changes In Fv Of Financial Assets At Fvtpl
NetFinancialIncomeOnChangesInFVOfFinancialAssetsAtFVTPL
|
usd | |
| CY2020 | ts |
Net Financial Income On Changes In Fv Of Financial Assets At Fvtpl
NetFinancialIncomeOnChangesInFVOfFinancialAssetsAtFVTPL
|
usd | |
| CY2022 | ifrs-full |
Impairment Loss On Financial Assets
ImpairmentLossOnFinancialAssets
|
usd | |
| CY2021 | ifrs-full |
Impairment Loss On Financial Assets
ImpairmentLossOnFinancialAssets
|
usd | |
| CY2020 | ifrs-full |
Impairment Loss On Financial Assets
ImpairmentLossOnFinancialAssets
|
3238000 | usd |
| CY2022 | ifrs-full |
Finance Income
FinanceIncome
|
80020000 | usd |
| CY2021 | ifrs-full |
Finance Income
FinanceIncome
|
38048000 | usd |
| CY2020 | ifrs-full |
Finance Income
FinanceIncome
|
18387000 | usd |
| CY2022 | ifrs-full |
Finance Costs
FinanceCosts
|
45940000 | usd |
| CY2021 | ifrs-full |
Finance Costs
FinanceCosts
|
23677000 | usd |
| CY2020 | ifrs-full |
Finance Costs
FinanceCosts
|
27014000 | usd |
| CY2022 | ifrs-full |
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss
GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
|
15654000 | usd |
| CY2021 | ifrs-full |
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss
GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
|
17287000 | usd |
| CY2020 | ifrs-full |
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss
GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss
|
-74422000 | usd |
| CY2022 | ts |
Foreign Exchange Derivatives Contracts Results
ForeignExchangeDerivativesContractsResults
|
-25666000 | usd |
| CY2021 | ts |
Foreign Exchange Derivatives Contracts Results
ForeignExchangeDerivativesContractsResults
|
-7966000 | usd |
| CY2020 | ts |
Foreign Exchange Derivatives Contracts Results
ForeignExchangeDerivativesContractsResults
|
19644000 | usd |
| CY2022 | ifrs-full |
Other Finance Cost
OtherFinanceCost
|
30108000 | usd |
| CY2021 | ifrs-full |
Other Finance Cost
OtherFinanceCost
|
1026000 | usd |
| CY2020 | ifrs-full |
Other Finance Cost
OtherFinanceCost
|
1590000 | usd |
| CY2022 | ifrs-full |
Other Finance Income Cost
OtherFinanceIncomeCost
|
-40120000 | usd |
| CY2021 | ifrs-full |
Other Finance Income Cost
OtherFinanceIncomeCost
|
8295000 | usd |
| CY2020 | ifrs-full |
Other Finance Income Cost
OtherFinanceIncomeCost
|
-56368000 | usd |
| CY2022 | ifrs-full |
Finance Income Cost
FinanceIncomeCost
|
-6040000 | usd |
| CY2021 | ifrs-full |
Finance Income Cost
FinanceIncomeCost
|
22666000 | usd |
| CY2020 | ifrs-full |
Finance Income Cost
FinanceIncomeCost
|
-64995000 | usd |
| CY2022 | ifrs-full |
Interest Income On Financial Assets Designated At Fair Value Through Profit Or Loss
InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss
|
33000000 | usd |
| CY2021 | ifrs-full |
Interest Income On Financial Assets Designated At Fair Value Through Profit Or Loss
InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss
|
3300000 | usd |
| CY2020 | ifrs-full |
Interest Income On Financial Assets Designated At Fair Value Through Profit Or Loss
InterestIncomeOnFinancialAssetsDesignatedAtFairValueThroughProfitOrLoss
|
6500000 | usd |
| CY2022 | ifrs-full |
Gains Losses On Financial Assets At Fair Value Through Profit Or Loss
GainsLossesOnFinancialAssetsAtFairValueThroughProfitOrLoss
|
-10500000 | usd |
| CY2021 | ts |
Interest Income On Tax Assets
InterestIncomeOnTaxAssets
|
18000000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Income Tax Explanatory
DisclosureOfIncomeTaxExplanatory
|
<p style="line-height: 10pt; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; color: #003366;"><span style="font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">8</span></span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px;">Income t</span><span style="font-size: 10pt; font-weight: bold;">ax</span></span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><table cellpadding="0" style="height: 85px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.951%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt;"> </span></p></td><td colspan="7" style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 33.8235%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 9pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.951%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 9pt; font-weight: bold;"> </span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; width: 9.96732%; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2022</span></span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; width: 0.980392%; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; width: 0.980392%; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; width: 9.96732%; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2021</span></span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; width: 0.980392%; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; width: 0.980392%; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; width: 9.96732%; border-bottom-color: #000000 !important; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2020</span></span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 64.951%;"><p style="margin: 0pt;"><span style="font-family: "times new roman", times; font-size: 10pt;"> Current tax </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.96732%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: "times new roman", times; font-size: 10pt;"> (589,706</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.980392%;"><span style="font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.980392%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.96732%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: "times new roman", times; font-size: 10pt;"> (215,467</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.980392%;"><span style="font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.980392%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 9.96732%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: "times new roman", times; font-size: 10pt;"> (121,048</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.980392%;"><span style="font-size: 10pt;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 64.951%;"><p style="margin: 0pt;"><span style="font-family: "times new roman", times; font-size: 10pt;"> Deferred tax </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 9.96732%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: "times new roman", times; font-size: 10pt;"> (27,530</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><span style="font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 9.96732%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: "times new roman", times; font-size: 10pt;">26,019</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 9.96732%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: "times new roman", times; font-size: 10pt;">97,898</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 64.951%;"><p style="margin: 0pt;"><span style="font-family: "times new roman", times; font-size: 10pt; font-weight: bold;"> Tax charge </span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 9.96732%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: "times new roman", times; font-size: 10pt; font-weight: bold;"> (617,236</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><span style="font-weight: bold; font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 9.96732%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: "times new roman", times; font-size: 10pt; font-weight: bold;"> (189,448</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><span style="font-weight: bold; font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 9.96732%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: "times new roman", times; font-size: 10pt; font-weight: bold;"> (23,150</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.980392%;"><span style="font-weight: bold; font-size: 10pt;">)</span></td></tr></tbody></table><p style="line-height: 12pt; margin: 0pt;"><br/></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The tax on </span><span style="font-size: 10pt;">Tenaris’s</span><span style="font-size: 10pt;"> income before tax differs from the theoretical amount that would arise using the tax rate in each country as follows</span><span style="font-size: 10pt;">:</span></span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><div id="t_ft_K7AC461LWG00000000000000000000b"><table cellpadding="0" style="height: 204px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.918%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="7" style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 33.9344%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.918%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2022</span></span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2021</span></span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2020</span></span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 64.918%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income (loss) before income tax </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,165,937</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.983607%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,242,766</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 0.983607%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (619,267</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.983607%;"><span style="font-size: 10pt;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 64.918%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Less impairment charges (non-deductible) </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">57,075</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">622,402</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 64.918%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income before income tax without impairment charges </span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">3,165,937</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,299,841</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: top; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">3,135</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 64.918%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 64.918%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax calculated at the tax rate in each country </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (705,727</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.983607%;"><span style="font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (209,765</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.983607%;"><span style="font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">21,052</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.983607%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 64.918%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Effect of currency translation on tax base </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (187,186</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><span style="font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (76,043</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><span style="font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (72,936</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><span style="font-size: 10pt;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 64.918%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Changes in the tax rates </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,422</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.983607%;"><span style="font-size: 10pt;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (29,881) </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (958</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 0.983607%;"><span style="font-size: 10pt;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 64.918%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Utilization of previously unrecognized tax losses </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">29,560</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">966</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">98</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 0.983607%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 64.918%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax revaluation, withholding tax and others </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">249,539</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">125,275</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">29,594</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 64.918%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Tax charges </span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (617,236</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><span style="font-size: 10pt; font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (189,448</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><span style="font-size: 10pt; font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (23,150</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; width: 0.983607%;"><span style="font-size: 10pt; font-weight: bold;">)</span></td></tr></tbody></table></div><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic;">Effect of currency translation on tax base,</span><span style="font-size: 10pt;"> Tenaris applies the liability method to recognize deferred income tax on temporary differences between the tax bases of assets / liabilities and their carrying amounts in the financial statements. By application of this method, Tenaris recognizes gains and losses on deferred income tax due to the effect of the change in the value on the tax bases in subsidiaries (mainly Argentina and Mexico), which have a functional currency different than their local currency. These gains and losses are required by IFRS even though the revalued / devalued tax bases of the relevant assets will not result in any deduction / obligation for tax purposes in future periods.</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 8pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic;">Changes in the tax rates</span><span style="font-size: 10pt;"> includes mainly the effect of the increase in the corporate income tax rate in Argentina from 25% to 35% for fiscal years starting January 1, 2021.</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt; font-style: italic;">Tax revaluation, withholding tax and others,</span><span style="font-size: 10pt;"> includes a net tax income of </span><span style="font-size: 10pt;">$250</span><span style="font-size: 10pt;"> million, $113</span><span style="font-size: 10pt;"> million and $61</span><span style="font-size: 10pt;"> million for 202</span><span style="font-size: 10pt;">2</span><span style="font-size: 10pt;">, 202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;"> and 20</span><span style="font-size: 10pt;">20</span><span style="font-size: 10pt;"> respectively related to the tax revaluation regimes in Argentina and Mexico. It also includes a charge </span><span style="font-size: 10pt;">of $21</span><span style="font-size: 10pt;"> million, $23</span><span style="font-size: 10pt;"> million and $10</span><span style="font-size: 10pt;"> million for 202</span><span style="font-size: 10pt;">2</span><span style="font-size: 10pt;">, 202</span><span style="font-size: 10pt;">1</span><span style="font-size: 10pt;"> and 20</span><span style="font-size: 10pt;">20</span><span style="font-size: 10pt;"> respectively related to withholding taxes for intra-group international operations.</span></span></p> | |
| CY2022 | ifrs-full |
Current Tax Expense Income
CurrentTaxExpenseIncome
|
589706000 | usd |
| CY2021 | ifrs-full |
Current Tax Expense Income
CurrentTaxExpenseIncome
|
215467000 | usd |
| CY2020 | ifrs-full |
Current Tax Expense Income
CurrentTaxExpenseIncome
|
121048000 | usd |
| CY2022 | ifrs-full |
Deferred Tax Expense Income
DeferredTaxExpenseIncome
|
27530000 | usd |
| CY2021 | ifrs-full |
Deferred Tax Expense Income
DeferredTaxExpenseIncome
|
-26019000 | usd |
| CY2020 | ifrs-full |
Deferred Tax Expense Income
DeferredTaxExpenseIncome
|
-97898000 | usd |
| CY2022 | ifrs-full |
Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
|
617236000 | usd |
| CY2021 | ifrs-full |
Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
|
189448000 | usd |
| CY2020 | ifrs-full |
Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
|
23150000 | usd |
| CY2022 | ifrs-full |
Profit Loss Before Tax
ProfitLossBeforeTax
|
3165937000 | usd |
| CY2021 | ifrs-full |
Profit Loss Before Tax
ProfitLossBeforeTax
|
1242766000 | usd |
| CY2020 | ifrs-full |
Profit Loss Before Tax
ProfitLossBeforeTax
|
-619267000 | usd |
| CY2022 | ts |
Impairment Loss Reversal Of Impairment Loss Non Deductible
ImpairmentLossReversalOfImpairmentLossNonDeductible
|
usd | |
| CY2021 | ts |
Impairment Loss Reversal Of Impairment Loss Non Deductible
ImpairmentLossReversalOfImpairmentLossNonDeductible
|
57075000 | usd |
| CY2020 | ts |
Impairment Loss Reversal Of Impairment Loss Non Deductible
ImpairmentLossReversalOfImpairmentLossNonDeductible
|
622402000 | usd |
| CY2022 | ts |
Profit Loss Before Impairment Loss Reversal Of Impairment Loss Recognised And Income Tax
ProfitLossBeforeImpairmentLossReversalOfImpairmentLossRecognisedAndIncomeTax
|
3165937000 | usd |
| CY2021 | ts |
Profit Loss Before Impairment Loss Reversal Of Impairment Loss Recognised And Income Tax
ProfitLossBeforeImpairmentLossReversalOfImpairmentLossRecognisedAndIncomeTax
|
1299841000 | usd |
| CY2020 | ts |
Profit Loss Before Impairment Loss Reversal Of Impairment Loss Recognised And Income Tax
ProfitLossBeforeImpairmentLossReversalOfImpairmentLossRecognisedAndIncomeTax
|
3135000 | usd |
| CY2022 | ifrs-full |
Tax Expense Income At Applicable Tax Rate
TaxExpenseIncomeAtApplicableTaxRate
|
705727000 | usd |
| CY2021 | ifrs-full |
Tax Expense Income At Applicable Tax Rate
TaxExpenseIncomeAtApplicableTaxRate
|
209765000 | usd |
| CY2020 | ifrs-full |
Tax Expense Income At Applicable Tax Rate
TaxExpenseIncomeAtApplicableTaxRate
|
-21052000 | usd |
| CY2022 | ifrs-full |
Income Tax Relating To Exchange Differences On Translation Of Other Comprehensive Income
IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome
|
187186000 | usd |
| CY2021 | ifrs-full |
Income Tax Relating To Exchange Differences On Translation Of Other Comprehensive Income
IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome
|
76043000 | usd |
| CY2020 | ifrs-full |
Income Tax Relating To Exchange Differences On Translation Of Other Comprehensive Income
IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome
|
72936000 | usd |
| CY2022 | ifrs-full |
Tax Effect From Change In Tax Rate
TaxEffectFromChangeInTaxRate
|
3422000 | usd |
| CY2021 | ifrs-full |
Tax Effect From Change In Tax Rate
TaxEffectFromChangeInTaxRate
|
29881000 | usd |
| CY2020 | ifrs-full |
Tax Effect From Change In Tax Rate
TaxEffectFromChangeInTaxRate
|
958000 | usd |
| CY2022 | ifrs-full |
Tax Effect Of Tax Losses
TaxEffectOfTaxLosses
|
-29560000 | usd |
| CY2021 | ifrs-full |
Tax Effect Of Tax Losses
TaxEffectOfTaxLosses
|
-966000 | usd |
| CY2020 | ifrs-full |
Tax Effect Of Tax Losses
TaxEffectOfTaxLosses
|
-98000 | usd |
| CY2022 | ts |
Tax Effect Of Revenues Exempt From Taxation And Expense Not Deductible In Determining Taxable Profit Tax Loss
TaxEffectOfRevenuesExemptFromTaxationAndExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss
|
-249539000 | usd |
| CY2021 | ts |
Tax Effect Of Revenues Exempt From Taxation And Expense Not Deductible In Determining Taxable Profit Tax Loss
TaxEffectOfRevenuesExemptFromTaxationAndExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss
|
-125275000 | usd |
| CY2020 | ts |
Tax Effect Of Revenues Exempt From Taxation And Expense Not Deductible In Determining Taxable Profit Tax Loss
TaxEffectOfRevenuesExemptFromTaxationAndExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss
|
-29594000 | usd |
| CY2022 | ifrs-full |
Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
|
617236000 | usd |
| CY2021 | ifrs-full |
Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
|
189448000 | usd |
| CY2020 | ifrs-full |
Income Tax Expense Continuing Operations
IncomeTaxExpenseContinuingOperations
|
23150000 | usd |
| CY2022 | ts |
Charge Related To Withholding Taxes For Intra Group International Operations
ChargeRelatedToWithholdingTaxesForIntraGroupInternationalOperations
|
21000000 | usd |
| CY2021 | ts |
Charge Related To Withholding Taxes For Intra Group International Operations
ChargeRelatedToWithholdingTaxesForIntraGroupInternationalOperations
|
23000000 | usd |
| CY2020 | ts |
Charge Related To Withholding Taxes For Intra Group International Operations
ChargeRelatedToWithholdingTaxesForIntraGroupInternationalOperations
|
10000000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Dividends Explanatory
DisclosureOfDividendsExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt;"><span style="color: #003366;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-weight: bold;">9</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-weight: bold; margin-left: 30px;">Dividends distribution</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="color: #000000;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">On November 3, 202</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">2</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">, the Company’s Board of Directors approved the payment of an interim dividend of $0.17</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> per share ($0.34</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> per ADS), or approximately $</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">201</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> million, pa</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">id</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> on November </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">23</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">, 202</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">2</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">, with an ex-dividend date of November </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">21</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">, 202</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">2</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">.</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><br/></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;">On May 3, 2022, the Company’s Shareholders approved an annual dividend in the amount of $0.41 per share ($0.82 per ADS). The amount approved included the interim dividend previously paid in November 24, 2021 in the amount of $0.13 per share ($0.26 per ADS). The balance, amounting to $0.28 per share ($0.56 per ADS), was paid on May 25, 2022, for an amount of approximately $331 million. In the aggregate, the interim dividend paid in November 2021 and the balance paid in May 2022 amounted to approximately $484 million.</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; color: #000000;">On May 3, 2021, the Company’s Shareholders approved an annual dividend in the amount of $0.21 per share ($0.42 per ADS). The amount approved included the interim dividend previously paid in November 25, 2020 in the amount of $0.07 per share ($0.14 per ADS). The balance, amounting to $0.14 per share ($0.28 per ADS), was paid on May 26, 2021, for an amount of approximately $165 million. In the aggregate, the interim dividend paid in November 2020 and the balance paid in May 2021 amounted to approximately $248 million.</span></p> | |
| CY2022Q4 | ifrs-full |
Dividends Paid Ordinary Shares Per Share
DividendsPaidOrdinarySharesPerShare
|
0.17 | |
| CY2022Q4 | ts |
Dividends Paid Per American Depositary Security
DividendsPaidPerAmericanDepositarySecurity
|
0.34 | |
| CY2022Q4 | ts |
Payments For Dividends Approved
PaymentsForDividendsApproved
|
201000000 | usd |
| CY2022Q2 | ts |
Dividends Payable Amount Per Share Including Interim Dividend
DividendsPayableAmountPerShareIncludingInterimDividend
|
0.41 | |
| CY2022Q2 | ts |
Dividends Payable Amount Per American Depositary Security Including Interim Dividend
DividendsPayableAmountPerAmericanDepositarySecurityIncludingInterimDividend
|
0.82 | |
| CY2021Q4 | ts |
Dividends Paid Amount Per Share Including Interim Dividend
DividendsPaidAmountPerShareIncludingInterimDividend
|
0.13 | |
| CY2021Q4 | ts |
Dividends Paid Amount Per American Depositary Security Including Interim Dividend
DividendsPaidAmountPerAmericanDepositarySecurityIncludingInterimDividend
|
0.26 | |
| CY2022Q2 | ifrs-full |
Dividends Paid Ordinary Shares Per Share
DividendsPaidOrdinarySharesPerShare
|
0.28 | |
| CY2022Q2 | ts |
Dividends Paid Per American Depositary Security
DividendsPaidPerAmericanDepositarySecurity
|
0.56 | |
| CY2022Q2 | ifrs-full |
Dividends Paid
DividendsPaid
|
331000000 | usd |
| ifrs-full |
Dividends Paid
DividendsPaid
|
484000000 | usd | |
| CY2021Q2 | ts |
Dividends Payable Amount Per Share Including Interim Dividend
DividendsPayableAmountPerShareIncludingInterimDividend
|
0.21 | |
| CY2021Q2 | ts |
Dividends Payable Amount Per American Depositary Security Including Interim Dividend
DividendsPayableAmountPerAmericanDepositarySecurityIncludingInterimDividend
|
0.42 | |
| CY2020Q4 | ts |
Dividends Paid Amount Per Share Including Interim Dividend
DividendsPaidAmountPerShareIncludingInterimDividend
|
0.07 | |
| CY2020Q4 | ts |
Dividends Paid Amount Per American Depositary Security Including Interim Dividend
DividendsPaidAmountPerAmericanDepositarySecurityIncludingInterimDividend
|
0.14 | |
| CY2021Q2 | ifrs-full |
Dividends Paid Ordinary Shares Per Share
DividendsPaidOrdinarySharesPerShare
|
0.14 | |
| CY2021Q2 | ts |
Dividends Paid Per American Depositary Security
DividendsPaidPerAmericanDepositarySecurity
|
0.28 | |
| CY2021Q2 | ifrs-full |
Dividends Paid
DividendsPaid
|
165000000 | usd |
| ifrs-full |
Dividends Paid
DividendsPaid
|
248000000 | usd | |
| CY2022 | ifrs-full |
Disclosure Of Property Plant And Equipment Explanatory
DisclosureOfPropertyPlantAndEquipmentExplanatory
|
<p style="margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; color: #003366; line-height: inherit;"><span style="font-size: 10pt; font-weight: bold; line-height: inherit;">10</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-weight: bold; line-height: inherit;">Property, plant and equipment, net</span></span></p><p style="margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><span style="font-size: 10pt; font-weight: bold; line-height: inherit;"><br/></span></span></p><div id="t_ft_KFJPHC1LE800000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px; height: 309px;" width="100%"><tbody><tr style="height: 10px;"><td style="vertical-align: bottom; height: 10px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2022 </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Land and </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">civil </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">buildings </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Industrial </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">buildings, </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">plant </span><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">and</span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">production </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">equipment </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Vehicles, </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">furniture </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and fixtures </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Work in </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">progress </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Spare parts </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and</span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> equipment </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="height: 10px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Cost </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Values at the beginning of the year </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">830,104</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">13,064,541</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">420,930</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">147,429</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">59,522</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">14,522,526</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Currency translation adjustment </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,601</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (71,347</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,838</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">376</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (174</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (74,584</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Increase due to business combinations <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">187</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">187</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Additions </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,271</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">734</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">334,912</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,150</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">346,067</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">9,829</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">184,915</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">16,221</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (227,153</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (16,188</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Disposals / Consumptions </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (22,569</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (322,886</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (33,562</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (3,372</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (11,972</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (394,361</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Values at the end of the year </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">815,763</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">12,857,494</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">402,485</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">252,379</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">55,526</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">14,383,647</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="height: 17px; background-color: #cceeff; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Depreciation and impairment </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Accumulated at the beginning of the year </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">139,941</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,199,724</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">353,639</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">4,421</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,697,725</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Currency translation adjustment </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (289</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (51,283</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,756</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">130</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (53,198</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation charge </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">13,577</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">432,648</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">21,022</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">20,485</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">487,732</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Impairment charge (See note 5) </span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">75,722</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">321</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">76,043</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (2</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (21,506</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (215</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (21,723</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Disposals / Consumptions </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (955</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (321,334</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (32,485</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4,421</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (359,195</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Accumulated at the end of the year </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">152,272</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,313,971</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">340,526</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">20,615</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,827,384</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> At December 31, 2022 </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">663,491</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,543,523</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">61,959</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">252,379</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">34,911</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,556,263</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div><p style="margin: 0pt 0pt 0pt 35pt; text-align: justify; text-indent: -35pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><sup>(*)</sup><span style="border-right: none; border-left: none;">Related to Parques Eólicos de la Buena Ventura S.A. acquisition, for more information see note </span><span style="border-left: none; border-right: none;">33</span><span style="border-right: none; border-left: none;"> to these Consolidated Financial Statements.</span></span></p><p style="margin: 0pt; line-height: 1.2;"><br/></p><div style="line-height: 1.2;"><div id="t_ft_YRR9GQAXJ400000000000000000000b"/></div><div id="t_ft_U1X18FGVAO00000000000000000000b"><table cellpadding="0" style="height: 252px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 51px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 51px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2021 </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; padding: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Land and </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">civil </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">buildings </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Industrial </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">buildings, </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">plant </span><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">production </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">equipment </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Vehicles, furniture </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and fixtures </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Work in </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">progress </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Spare parts </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">equipment </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="white-space: nowrap; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 17px; background-color: #cceeff; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Cost </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Values at the beginning of the year </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">839,584</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">13,079,545</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">414,757</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">102,226</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">61,893</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">14,498,005</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Currency translation adjustment </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (5,084</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (138,839</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (5,042</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (365</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (569</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (149,899</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Additions </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">15,238</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,171</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">192,470</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">4,830</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">213,717</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,448</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">148,037</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">17,688</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (146,752</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">21,421</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Decrease due to sale of subsidiaries<span style="font-size: 8pt;"><sup> (*)</sup></span></span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (200</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4,310</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (62</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4,572</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Disposals / Consumptions </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6,652</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (35,130</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (7,582</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (150</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6,632</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (56,146</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Values at the end of the year </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">830,104</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">13,064,541</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">420,930</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">147,429</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">59,522</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">14,522,526</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Depreciation and impairment </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Accumulated at the beginning of the year </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">132,458</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">7,830,120</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">342,246</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,304,824</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Currency translation adjustment </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,292</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (97,236</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4,621</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (103,149</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation charge </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">9,736</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">440,316</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">21,715</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">471,767</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Impairment charge (See note 5) </span></p></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">51,470</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">780</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">4,421</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">56,671</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Decrease due to sale of subsidiaries <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (<span style="border-left: none; border-right: none;">567</span></span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (<span style="border-left: none; border-right: none;">53</span></span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (<span style="border-left: none; border-right: none;">620</span></span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Disposals / Consumptions </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (961</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (24,379</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6,428</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (31,768</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Accumulated at the end of the year </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">139,941</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,199,724</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">353,639</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,421</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,697,725</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> At December 31, 2021 </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">690,163</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,864,817</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">67,291</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">147,429</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">55,101</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,824,801</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><span style="vertical-align: super; line-height: inherit;">(*)</span> Related to Geneva sale. See note 6 to these Consolidated Financial Statements.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 34.85pt; text-align: justify; text-indent: -34.85pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">See note 27 for a description of certain restricted assets with a carrying value of $56.2 million held in Saudi Arabia by the Company’s subsidiary SSPC, in which Tenaris holds a 47.79%. </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 34.85pt; text-align: justify; text-indent: -34.85pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Property, plant and equipment include capitalized interests for net amounts at December 31, 2022 and 2021 of $30.4 million and $32 million, respectively. There were no new interests capitalized during 2022 and 2021. </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 34.85pt; text-align: justify; text-indent: -34.85pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Government grants recognized as a reduction of property, plant and equipment were immaterial for the years 2022 and 2021.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 34.85pt; text-align: justify; text-indent: -34.85pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">The carrying amounts of assets pledged as security for current and non-current borrowings were immaterial for the years 2022 and 2021.</span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Detailed Information About Property Plant And Equipment Explanatory
DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory
|
<div id="t_ft_KFJPHC1LE800000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px; height: 309px;" width="100%"><tbody><tr style="height: 10px;"><td style="vertical-align: bottom; height: 10px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2022 </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Land and </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">civil </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">buildings </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Industrial </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">buildings, </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">plant </span><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">and</span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">production </span></p><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">equipment </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Vehicles, </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">furniture </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and fixtures </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Work in </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">progress </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Spare parts </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and</span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> equipment </span></p></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; height: 10px; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="height: 10px; white-space: nowrap; text-align: center; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="height: 10px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Cost </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 10px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Values at the beginning of the year </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">830,104</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">13,064,541</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">420,930</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">147,429</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">59,522</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">14,522,526</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Currency translation adjustment </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,601</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (71,347</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,838</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">376</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (174</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (74,584</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Increase due to business combinations <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">187</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">187</span></span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Additions </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,271</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">734</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">334,912</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,150</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">346,067</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">9,829</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">184,915</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">16,221</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (227,153</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (16,188</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Disposals / Consumptions </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (22,569</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (322,886</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (33,562</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (3,372</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (11,972</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (394,361</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Values at the end of the year </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">815,763</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">12,857,494</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">402,485</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">252,379</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">55,526</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">14,383,647</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="height: 17px; background-color: #cceeff; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Depreciation and impairment </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Accumulated at the beginning of the year </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">139,941</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,199,724</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">353,639</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">4,421</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,697,725</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Currency translation adjustment </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (289</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (51,283</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,756</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">130</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (53,198</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation charge </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">13,577</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">432,648</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">21,022</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">20,485</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">487,732</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Impairment charge (See note 5) </span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">75,722</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">321</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">76,043</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (2</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (21,506</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (215</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (21,723</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Disposals / Consumptions </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (955</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (321,334</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (32,485</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4,421</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (359,195</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Accumulated at the end of the year </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">152,272</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,313,971</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">340,526</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; margin: 0px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">20,615</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,827,384</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> At December 31, 2022 </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">663,491</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,543,523</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">61,959</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">252,379</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">34,911</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,556,263</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div><p style="margin: 0pt 0pt 0pt 35pt; text-align: justify; text-indent: -35pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><sup>(*)</sup><span style="border-right: none; border-left: none;">Related to Parques Eólicos de la Buena Ventura S.A. acquisition, for more information see note </span><span style="border-left: none; border-right: none;">33</span><span style="border-right: none; border-left: none;"> to these Consolidated Financial Statements.</span></span></p><p style="margin: 0pt; line-height: 1.2;"><br/></p><div style="line-height: 1.2;"><div id="t_ft_YRR9GQAXJ400000000000000000000b"/></div><div id="t_ft_U1X18FGVAO00000000000000000000b"><table cellpadding="0" style="height: 252px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 51px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 51px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Year ended December 31, 2021 </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; padding: 0px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Land and </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">civil </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">buildings </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Industrial </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">buildings, </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">plant </span><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">production </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">equipment </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Vehicles, furniture </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and fixtures </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Work in </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">progress </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Spare parts </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">and </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">equipment </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="white-space: nowrap; text-align: center; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> Total </span></p></td><td style="white-space: nowrap; height: 51px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 17px; background-color: #cceeff; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Cost </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 8%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Values at the beginning of the year </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">839,584</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">13,079,545</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">414,757</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">102,226</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">61,893</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">14,498,005</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Currency translation adjustment </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (5,084</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (138,839</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (5,042</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (365</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (569</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (149,899</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Additions </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">15,238</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">1,171</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">192,470</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">4,830</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">213,717</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">2,448</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">148,037</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">17,688</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (146,752</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">21,421</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Decrease due to sale of subsidiaries<span style="font-size: 8pt;"><sup> (*)</sup></span></span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (200</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4,310</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (62</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4,572</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Disposals / Consumptions </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6,652</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (35,130</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (7,582</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (150</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6,632</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (56,146</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Values at the end of the year </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">830,104</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">13,064,541</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">420,930</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">147,429</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">59,522</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">14,522,526</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Depreciation and impairment </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Accumulated at the beginning of the year </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">132,458</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">7,830,120</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">342,246</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">8,304,824</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Currency translation adjustment </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (1,292</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (97,236</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (4,621</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (103,149</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Depreciation charge </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">9,736</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">440,316</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">21,715</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">471,767</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Impairment charge (See note 5) </span></p></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">51,470</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">780</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">4,421</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;">56,671</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;">Decrease due to sale of subsidiaries <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (<span style="border-left: none; border-right: none;">567</span></span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (<span style="border-left: none; border-right: none;">53</span></span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"><span style="border-left: none; border-right: none;">-</span></span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (<span style="border-left: none; border-right: none;">620</span></span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> Disposals / Consumptions </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (961</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (24,379</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (6,428</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> (31,768</span></p></td><td align="left" style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; color: #000000; line-height: inherit;"> ) </span></p></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> Accumulated at the end of the year </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">139,941</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,199,724</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">353,639</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="margin: 0px; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> - </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,421</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">8,697,725</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr><tr style="height: 10px;"><td style="vertical-align: bottom; padding: 0px 0px 0px 7px; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000; line-height: inherit;"> At December 31, 2021 </span></p></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">690,163</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">4,864,817</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">67,291</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">147,429</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">55,101</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="white-space: nowrap; margin: 0pt; vertical-align: bottom; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;">5,824,801</span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; color: #000000; line-height: inherit;"> </span></p></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000; line-height: inherit;"><span style="vertical-align: super; line-height: inherit;">(*)</span> Related to Geneva sale. See note 6 to these Consolidated Financial Statements.</span></p> | |
| CY2022Q4 | ifrs-full |
Property Plant And Equipment
PropertyPlantAndEquipment
|
5556263000 | usd |
| CY2021Q4 | ifrs-full |
Property Plant And Equipment
PropertyPlantAndEquipment
|
5824801000 | usd |
| CY2022Q4 | ts |
Property Plant And Equipment Capitalized Interest
PropertyPlantAndEquipmentCapitalizedInterest
|
30400000 | usd |
| CY2021Q4 | ts |
Property Plant And Equipment Capitalized Interest
PropertyPlantAndEquipmentCapitalizedInterest
|
32000000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Intangible Assets Explanatory
DisclosureOfIntangibleAssetsExplanatory
|
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit; color: #003366;"><span style="font-weight: bold; line-height: inherit;"><span style="line-height: inherit;">11</span></span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: inherit;"> </span><span style="font-weight: bold; line-height: inherit;">Intangible assets, net </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 285px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Year ended December 31, 2022 </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Information system projects </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><span style="font-weight: bold; line-height: inherit;">Licenses, patents and trademarks <span style="font-size: 8pt;">(*)</span></span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Goodwill </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Customer relationships </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 10px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Cost </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Values at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">650,155</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">547,527</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,468,638</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,211,151</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">5,877,471</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (2,626</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,088</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,538</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Increase due to business combinations <span style="vertical-align: super; line-height: inherit; font-size: 8pt;">(**)</span></span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">4,019</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">4,019</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Additions </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">31,427</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">952</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">32,379</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (5,535</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (5,535</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Disposals<span style="font-size: 8pt;"><span style="vertical-align: super; line-height: inherit;">(***)</span></span></span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (58,947</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,507</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (449,109</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (509,563</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Values at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">614,474</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">550,991</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,469,726</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,762,042</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">5,397,233</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Amortization and impairment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Accumulated at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">599,307</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">391,223</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,383,994</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,130,771</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">4,505,295</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (2,496</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (2,496</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Amortization charge </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">23,218</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">8,701</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">38,853</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">70,772</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Impairment charge (See note 5) </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">680</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">682</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Disposals <span style="vertical-align: super; line-height: inherit; font-size: 8pt;">(***)</span></span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (58,912</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,507</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (449,109</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (509,528</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Accumulated at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">561,119</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">398,417</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,384,674</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,720,515</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">4,064,725</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At December 31, 2022 </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">53,355</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">152,574</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,085,052</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">41,527</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,332,508</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><sub><span style="vertical-align: super; line-height: inherit;">(*) </span></sub><span>Includes Proprietary Technology.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><sub><span style="vertical-align: super; line-height: inherit;">(**) </span></sub><span><span style="border-right: none; border-left: none;">Related to Parques Eólicos de la Buena Ventura S.A. acquisition, for more information see note </span><span style="border-left: none; border-right: none;">33</span><span style="border-right: none; border-left: none;"> to these Consolidated Financial Statements.</span></span></span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><sub><span style="vertical-align: super; line-height: inherit;">(***) </span></sub><span>Mainly related to fully depreciated assets following the deconsolidation of a Canadian subsidiary of the Company.</span></span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><br/></span></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Year ended December 31, 2021 </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Information system projects </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><span style="font-weight: bold; line-height: inherit;">Licenses, patents and trademarks <span style="font-size: 8pt;">(*)</span></span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Goodwill </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Customer relationships </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Cost </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Values at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">637,352</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">550,500</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,469,962</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,211,151</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">5,868,965</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (6,466</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (151</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,324</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (7,941</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Additions </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">22,830</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,971</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">25,801</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (2,902</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (4,637</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (7,539</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Disposals </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (659</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,156</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,815</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Values at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">650,155</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">547,527</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,468,638</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,211,151</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">5,877,471</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Amortization and impairment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Accumulated at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">577,359</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">382,531</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,383,994</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,096,025</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">4,439,909</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (6,014</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (6,014</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Amortization charge </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">28,072</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">8,701</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">34,746</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">71,519</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Impairment charge (See note 5) </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">404</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">404</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Disposals </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (514</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (9</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (523</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Accumulated at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">599,307</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">391,223</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,383,994</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,130,771</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">4,505,295</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At December 31, 2021 </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">50,848</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">156,304</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,084,644</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">80,380</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,372,176</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><sub><span style="vertical-align: super; line-height: inherit;">(*) </span></sub><span style="border-right: none; border-left: none;">Includes Proprietary Technology.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><br/></span></p><div><span style="font-size: 10pt; text-align: justify; font-family: 'times new roman', times;">The geographical allocation of goodwill for the year ended December 31, 2022 was $</span>939.2<span style="font-size: 10pt; text-align: justify; font-family: 'times new roman', times;"> million for North America, $</span>111<span style="font-size: 10pt; text-align: justify; font-family: 'times new roman', times;"> million for South America, $</span>33<span style="font-size: 10pt; text-align: justify; font-family: 'times new roman', times;"> million for Middle East & Africa and $</span>1.9<span style="font-size: 10pt; text-align: justify; font-family: 'times new roman', times;"> million for Europe.</span><br/></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The carrying amount of goodwill allocated by CGU, as of December 31, 2022, was as follows:</span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="height: 136px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (all amounts in millions of U.S. dollars) </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td colspan="4" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Tubes Segment </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> CGU </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Hydril Acquisition </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Other </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 65%; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Tamsa (Hydril and other) </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">346</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">19</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">365</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Siderca (Hydril and other) </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">265</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">93</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">358</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Hydril </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">309</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">309</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">53</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">53</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">920</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">165</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,085</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022 | ifrs-full |
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill Explanatory
DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory
|
<div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 285px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Year ended December 31, 2022 </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Information system projects </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><span style="font-weight: bold; line-height: inherit;">Licenses, patents and trademarks <span style="font-size: 8pt;">(*)</span></span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Goodwill </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Customer relationships </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 10px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Cost </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Values at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">650,155</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">547,527</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,468,638</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,211,151</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">5,877,471</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (2,626</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,088</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,538</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Increase due to business combinations <span style="vertical-align: super; line-height: inherit; font-size: 8pt;">(**)</span></span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">4,019</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">4,019</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Additions </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">31,427</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">952</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">32,379</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (5,535</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (5,535</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Disposals<span style="font-size: 8pt;"><span style="vertical-align: super; line-height: inherit;">(***)</span></span></span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (58,947</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,507</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (449,109</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (509,563</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Values at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">614,474</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">550,991</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,469,726</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,762,042</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">5,397,233</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Amortization and impairment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Accumulated at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">599,307</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">391,223</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,383,994</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,130,771</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">4,505,295</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (2,496</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (2,496</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Amortization charge </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">23,218</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">8,701</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">38,853</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">70,772</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Impairment charge (See note 5) </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">680</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">682</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Disposals <span style="vertical-align: super; line-height: inherit; font-size: 8pt;">(***)</span></span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (58,912</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,507</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (449,109</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (509,528</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Accumulated at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">561,119</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">398,417</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,384,674</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,720,515</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">4,064,725</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At December 31, 2022 </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">53,355</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">152,574</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,085,052</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">41,527</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,332,508</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><sub><span style="vertical-align: super; line-height: inherit;">(*) </span></sub><span>Includes Proprietary Technology.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><sub><span style="vertical-align: super; line-height: inherit;">(**) </span></sub><span><span style="border-right: none; border-left: none;">Related to Parques Eólicos de la Buena Ventura S.A. acquisition, for more information see note </span><span style="border-left: none; border-right: none;">33</span><span style="border-right: none; border-left: none;"> to these Consolidated Financial Statements.</span></span></span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><sub><span style="vertical-align: super; line-height: inherit;">(***) </span></sub><span>Mainly related to fully depreciated assets following the deconsolidation of a Canadian subsidiary of the Company.</span></span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><br/></span></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 282px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Year ended December 31, 2021 </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Information system projects </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><span style="font-weight: bold; line-height: inherit;">Licenses, patents and trademarks <span style="font-size: 8pt;">(*)</span></span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Goodwill </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center; line-height: 1.1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Customer relationships </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 10px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Cost </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Values at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">637,352</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">550,500</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,469,962</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,211,151</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">5,868,965</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (6,466</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (151</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,324</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (7,941</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Additions </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">22,830</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,971</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">25,801</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (2,902</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (4,637</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (7,539</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Disposals </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (659</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,156</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (1,815</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Values at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">650,155</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">547,527</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,468,638</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,211,151</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">5,877,471</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Amortization and impairment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Accumulated at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">577,359</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">382,531</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,383,994</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,096,025</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">4,439,909</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (6,014</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (6,014</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Amortization charge </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">28,072</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">8,701</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">34,746</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">71,519</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Impairment charge (See note 5) </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">404</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">404</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Disposals </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (514</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (9</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (523</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Accumulated at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">599,307</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">391,223</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,383,994</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,130,771</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">4,505,295</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At December 31, 2021 </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">50,848</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">156,304</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,084,644</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">80,380</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,372,176</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><sub><span style="vertical-align: super; line-height: inherit;">(*) </span></sub><span style="border-right: none; border-left: none;">Includes Proprietary Technology.</span></span></p> | |
| CY2022Q4 | ifrs-full |
Intangible Assets And Goodwill
IntangibleAssetsAndGoodwill
|
1332508000 | usd |
| CY2021Q4 | ifrs-full |
Intangible Assets And Goodwill
IntangibleAssetsAndGoodwill
|
1372176000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives Explanatory
DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory
|
<table cellpadding="0" style="height: 136px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (all amounts in millions of U.S. dollars) </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td colspan="4" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Tubes Segment </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> CGU </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Hydril Acquisition </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Other </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; border-bottom: 1px solid #000000; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 65%; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Tamsa (Hydril and other) </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">346</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">19</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">365</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Siderca (Hydril and other) </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">265</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">93</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">358</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Hydril </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">309</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">309</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Other </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">53</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">53</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">920</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">165</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,085</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ifrs-full |
Goodwill
Goodwill
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1085000000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Leases Explanatory
DisclosureOfLeasesExplanatory
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<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; color: #003366;"><span style="font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">12</span></span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px;">Right-of-use assets, net and lease liabilities</span></span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 8pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; color: #000000;">Right of use assets evolution</span></p><p style="line-height: 12pt; margin: 0pt;"><br/></p><div id="t_ft_4R1STZ133400000000000000000000b"><table cellpadding="0" style="height: 342px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 70px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 70px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Year ended December 31, 2022 </span></p></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Land and Civil Buildings </span></p></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; height: 70px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Industrial Buildings, Plant and Production Equipment </span></p></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Vehicles, furniture and fixtures </span></p></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Others </span></p></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Total </span></p></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Cost </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Opening net book amount </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">46,082</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">131,816</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">20,256</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">198,154</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">52</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (414</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (417</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (779</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Additions </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">15,872</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">31,778</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">7,674</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">1,182</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">56,506</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (5,166</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (1,317</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">6,483</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Disposals </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (13,270</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (36,186</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (3,705</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (53,161</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> At December 31, 2022 </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">43,570</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">125,677</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">30,291</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">1,182</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">200,720</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Depreciation </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Accumulated at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">24,005</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">54,727</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">10,684</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">89,416</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (9</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (139</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (251</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (399</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Depreciation charge </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">8,965</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">32,767</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">7,277</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">210</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">49,219</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (3,974</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">1,431</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">2,543</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Disposals </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (10,054</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (35,992</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (3,211</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (49,257</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Accumulated at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">18,933</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">52,794</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">17,042</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">210</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">88,979</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> At December 31, 2022 </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">24,637</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">72,883</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">13,249</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">972</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">111,741</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="margin: 0pt;"><br/></p><div/><div id="t_ft_Q45JFIX54000000000000000000000b"><table cellpadding="0" style="height: 307px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 35px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 35px; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Year ended December 31, 2021 </span></p></td><td style="padding: 0px; height: 35px; width: 10.0284%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Land and Civil Buildings </span></p></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 10.0284%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Industrial Buildings, Plant and Production Equipment </span></p></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; height: 35px; width: 10.0284%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Vehicles, furniture and fixtures </span></p></td><td style="padding: 0px; height: 35px; width: 1.04068%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 35px; width: 1.04068%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 35px; width: 10.0284%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Total </span></p></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Cost </span></p></td><td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Opening net book amount </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">41,932</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">273,358</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">18,615</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">333,905</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (187</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (592</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (560</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (1,339</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Additions </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">6,010</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">10,127</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">6,189</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">22,326</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (274</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">277</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">3</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">Disposals <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (1,673</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (150,803</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (4,265</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (156,741</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> At December 31, 2021 </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">46,082</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">131,816</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">20,256</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">198,154</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Depreciation </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Accumulated at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">15,142</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">67,993</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">8,817</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">91,952</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (37</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (177</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (260</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (474</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Depreciation charge </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">9,882</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">35,964</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">5,589</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">51,435</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">96</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (93) </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">3</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">Disposals <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (982</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (49,149</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (3,369</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (53,500</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Accumulated at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">24,005</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">54,727</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">10,684</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">89,416</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> At December 31, 2021 </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">22,077</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">77,089</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">9,572</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">108,738</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 9pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(*) </sup></span><span><span style="border-right: none; border-left: none;">Includes net disposals of $</span><span style="border-left: none; border-right: none;">96.6</span><span style="border-right: none; border-left: none;"> million related to NKKTubes lease agreement re-measurement due to joint venture termination.</span></span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">Depreciation of right-of-use assets is mainly included in Tubes segment.</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 8pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; color: #000000;"><span style="font-size: 10pt; font-style: italic; font-weight: bold;">Lease liability evolution</span></span></p><p style="line-height: 10pt; margin: 0pt;"><br/></p><div id="t_ft_GQ29F57IGW00000000000000000000b"><table cellpadding="0" style="height: 153px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td colspan="4" style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Year ended December 31, </span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">2022</span></p></td><td style="padding: 0px; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding: 0px; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">2021</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Opening net book amount</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">117,285</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">257,343</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Translation differences </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (3,922</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (11,350</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Additions </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">56,459</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">22,261</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="margin-left: 0.1px; height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">Cancellations <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (5,207</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (103,329</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><span style="color: #000000;">)</span></td></tr><tr style="margin-left: 0.1px; height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #cceeff; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">Repayments <span style="font-size: 8pt;"><sup>(**)</sup></span></span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (55,874</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin-left: 0.1px; height: 17px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (50,998</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; margin-left: 0.1px; height: 17px;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Interest accrued </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">3,436</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">3,358</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> At December 31, </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">112,177</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">117,285</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 10pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt; color: #000000;"> </span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(*) </sup></span><span>For <span style="border-left: none; border-right: none;">2021</span>, includes $<span style="border-left: none; border-right: none;">95.8</span> million related to NKKTubes lease agreement re-measurement due to joint venture termination.</span></span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(**) </sup></span><span>For <span style="border-left: none; border-right: none;">2022</span> includes repayments of $<span style="border-left: none; border-right: none;">52.4</span> million in capital and $<span style="border-left: none; border-right: none;">3.5</span> million of interest, and for <span style="border-left: none; border-right: none;">2021</span> includes repayments of $<span style="border-left: none; border-right: none;">48.5</span> million in capital and $<span style="border-left: none; border-right: none;">2.5</span> million of interest.</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">As of December 2022, the amount of remaining payments with maturity less than 1 year, between 2 and 5 years and more than 5 years is approximately 25.5%, 47.5% and 27%, respectively. </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">As of December 2021, the amount of remaining payments with maturity less than 1 year, between 2 and 5 years and more than 5 years was approximately 29.5%, 33.6% and 36.9%, respectively.</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">Expenses related to short-term leases, leases of low value assets and variable leases (included in <span style="font-style: italic;">cost of sales and selling, general and administrative expense</span><span style="font-style: italic;">s</span>) were not material for the years 2022 and 2021.</span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Quantitative Information About Rightofuse Assets Explanatory
DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory
|
<div id="t_ft_4R1STZ133400000000000000000000b"><table cellpadding="0" style="height: 342px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 70px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 70px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Year ended December 31, 2022 </span></p></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Land and Civil Buildings </span></p></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; height: 70px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Industrial Buildings, Plant and Production Equipment </span></p></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Vehicles, furniture and fixtures </span></p></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Others </span></p></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 70px; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Total </span></p></td><td style="padding: 0px; vertical-align: middle; height: 70px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Cost </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: middle; margin-left: 0.1px; background-color: #cceeff; width: 1%; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 10%; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; width: 1%; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Opening net book amount </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">46,082</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">131,816</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">20,256</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">198,154</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">52</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (414</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (417</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (779</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Additions </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">15,872</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">31,778</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">7,674</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">1,182</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">56,506</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (5,166</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (1,317</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">6,483</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Disposals </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (13,270</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (36,186</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (3,705</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (53,161</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> At December 31, 2022 </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">43,570</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">125,677</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">30,291</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">1,182</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">200,720</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Depreciation </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Accumulated at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">24,005</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">54,727</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">10,684</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">89,416</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (9</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (139</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (251</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (399</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Depreciation charge </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">8,965</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">32,767</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">7,277</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">210</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">49,219</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (3,974</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">1,431</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">2,543</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Disposals </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (10,054</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (35,992</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (3,211</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (49,257</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Accumulated at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">18,933</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">52,794</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">17,042</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">210</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; background-color: #cceeff; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">88,979</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> At December 31, 2022 </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">24,637</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">72,883</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">13,249</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">972</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">111,741</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="margin: 0pt;"><br/></p><div/><div id="t_ft_Q45JFIX54000000000000000000000b"><table cellpadding="0" style="height: 307px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 35px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 35px; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Year ended December 31, 2021 </span></p></td><td style="padding: 0px; height: 35px; width: 10.0284%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Land and Civil Buildings </span></p></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 10.0284%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Industrial Buildings, Plant and Production Equipment </span></p></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; height: 35px; width: 10.0284%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Vehicles, furniture and fixtures </span></p></td><td style="padding: 0px; height: 35px; width: 1.04068%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 35px; width: 1.04068%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding: 0px; height: 35px; width: 10.0284%; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Total </span></p></td><td style="padding: 0px; vertical-align: middle; height: 35px; width: 1.04068%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Cost </span></p></td><td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: middle; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.04068%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Opening net book amount </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">41,932</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">273,358</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">18,615</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">333,905</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (187</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (592</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (560</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (1,339</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Additions </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">6,010</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">10,127</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">6,189</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">22,326</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (274</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">277</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">3</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">Disposals <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (1,673</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (150,803</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (4,265</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (156,741</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> At December 31, 2021 </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">46,082</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">131,816</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">20,256</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">198,154</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Depreciation </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Accumulated at the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">15,142</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">67,993</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">8,817</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">91,952</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Currency translation adjustment </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (37</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (177</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (260</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (474</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Depreciation charge </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">9,882</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">35,964</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">5,589</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">51,435</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> Transfers / Reclassifications </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">96</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (93) </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">3</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;">Disposals <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (982</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (49,149</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (3,369</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> (53,500</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="color: #000000;">)</span></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> Accumulated at the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">24,005</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">54,727</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">10,684</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">89,416</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.9801%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;"> At December 31, 2021 </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">22,077</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">77,089</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">9,572</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10.0284%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; color: #000000;">108,738</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.04068%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #000000;"> </span></p><p style="line-height: 9pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 9pt; color: #000000;"><span style="font-family: 'times new roman', times; color: #000000; line-height: inherit;"><sup>(*) </sup></span><span><span style="border-right: none; border-left: none;">Includes net disposals of $</span><span style="border-left: none; border-right: none;">96.6</span><span style="border-right: none; border-left: none;"> million related to NKKTubes lease agreement re-measurement due to joint venture termination.</span></span></span></p> | |
| CY2022Q4 | ifrs-full |
Rightofuse Assets
RightofuseAssets
|
111741000 | usd |
| CY2021Q4 | ifrs-full |
Rightofuse Assets
RightofuseAssets
|
108738000 | usd |
| CY2021Q4 | ifrs-full |
Lease Liabilities
LeaseLiabilities
|
117285000 | usd |
| CY2020Q4 | ifrs-full |
Lease Liabilities
LeaseLiabilities
|
257343000 | usd |
| CY2022 | ts |
Lease Liabilities Translation Differences
LeaseLiabilitiesTranslationDifferences
|
-3922000 | usd |
| CY2021 | ts |
Lease Liabilities Translation Differences
LeaseLiabilitiesTranslationDifferences
|
-11350000 | usd |
| CY2022 | ts |
Lease Liabilities Additions
LeaseLiabilitiesAdditions
|
56459000 | usd |
| CY2021 | ts |
Lease Liabilities Additions
LeaseLiabilitiesAdditions
|
22261000 | usd |
| CY2022 | ts |
Lease Liabilities Cancellations
LeaseLiabilitiesCancellations
|
5207000 | usd |
| CY2021 | ts |
Lease Liabilities Cancellations
LeaseLiabilitiesCancellations
|
103329000 | usd |
| CY2022 | ts |
Lease Liabilities Repayments
LeaseLiabilitiesRepayments
|
55874000 | usd |
| CY2021 | ts |
Lease Liabilities Repayments
LeaseLiabilitiesRepayments
|
50998000 | usd |
| CY2022 | ts |
Lease Liabilities Interest Accrued
LeaseLiabilitiesInterestAccrued
|
3436000 | usd |
| CY2021 | ts |
Lease Liabilities Interest Accrued
LeaseLiabilitiesInterestAccrued
|
3358000 | usd |
| CY2022Q4 | ifrs-full |
Lease Liabilities
LeaseLiabilities
|
112177000 | usd |
| CY2021Q4 | ifrs-full |
Lease Liabilities
LeaseLiabilities
|
117285000 | usd |
| CY2022 | ts |
Lease Liabilities Capital Repayments
LeaseLiabilitiesCapitalRepayments
|
52400000 | usd |
| CY2022 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
3500000 | usd |
| CY2021 | ts |
Lease Liabilities Capital Repayments
LeaseLiabilitiesCapitalRepayments
|
48500000 | usd |
| CY2021 | ifrs-full |
Interest Expense On Lease Liabilities
InterestExpenseOnLeaseLiabilities
|
2500000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Interests In Other Entities Explanatory
DisclosureOfInterestsInOtherEntitiesExplanatory
|
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="color: #003366; font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; font-weight: bold; line-height: inherit;"><span style="border-left: none; border-right: none;">13</span></span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-weight: bold; line-height: inherit;">Investments in </span><span style="font-size: 10pt; font-weight: bold; line-height: inherit;">non-consolidated</span><span style="font-size: 10pt; font-weight: bold; line-height: inherit;"> companies</span></span></p><p style="margin: 0pt; line-height: 1.2;"><br/></p><div style="border-right: none; border-left: none;"><div style="border-right: none; border-left: none;"><div id="t_ft_119CT6OBTC00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 139px; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td colspan="4" style="padding: 0px; vertical-align: top; height: 17px; width: 22.0238%; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Year ended December 31, </span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 76.9345%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: top; background-color: #ffffff; margin: 0px; height: 17px; width: 9.97024%; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding: 0px; vertical-align: top; background-color: #ffffff; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: top; background-color: #ffffff; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 76.9345%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> At the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 9.97024%; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,383,774</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1.04167%; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1.04167%; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.97024%; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">957,352</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Translation differences </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">7,336</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (11,085</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Equity in earnings of non-consolidated companies </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">242,743</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">512,591</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Impairment loss in non-consolidated companies <span style="font-size: 8pt;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*)</span></sup></span></span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (34,041</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; width: 1.04167%; text-indent: 0px;"><p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">)</p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Dividends and distributions declared <span style="vertical-align: super; line-height: inherit; font-size: 8pt;">(**)</span></span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 10px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (64,189</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 10px; width: 1.04167%; text-indent: 0px;">)</td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 10px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (78,926</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Increase in equity reserves and others </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">5,023</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3,842</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 9.97024%; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,540,646</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1.04167%; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1.04167%; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,383,774</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div></div></div><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 8pt;"><span style="vertical-align: super; line-height: inherit;">(<span style="font-size: 9pt;">*) </span></span><span><span style="border-right: none; border-left: none;"><span style="line-height: inherit;">Includes an impairment of $<span style="border-left: none; border-right: none;">19.1</span> million related to the investment in Usiminas and $14.9 million related to the joint venture with</span><span style="line-height: inherit;"> PAO</span><span style="line-height: inherit;"> Severstal</span><span style="line-height: inherit;"> (“Severstal”)</span><span style="line-height: inherit;">.</span><span style="line-height: inherit;"> For more information see note </span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">3</span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">6</span></span><span style="line-height: inherit;">.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 9pt;"><span style="vertical-align: super; line-height: inherit;">(**) </span><span><span style="border-right: none; border-left: none;"><span style="line-height: inherit;">Related to Ternium</span><span style="line-height: inherit;"> and Usiminas</span><span style="line-height: inherit;">. During </span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">202</span></span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2</span></span></span><span style="line-height: inherit;"> and <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">20</span></span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">2</span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span></span><span style="line-height: inherit;"> $</span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">66.2</span></span><span style="line-height: inherit;"> million and</span><span style="line-height: inherit;">$</span><span style="border-left: none; border-right: none;"><span style="line-height: inherit;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">75.9</span></span></span></span><span style="line-height: inherit;"> million</span><span style="line-height: inherit;"> respectively</span><span style="line-height: inherit;"> were collected</span><span style="line-height: inherit;">.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 4.3pt;"><span style="font-family: 'times new roman', times; font-size: 12pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">The principal </span><span style="font-size: 10pt; line-height: inherit;">non-consolidated</span><span style="font-size: 10pt; line-height: inherit;"> companies are:</span></span></p><p style="line-height: 1.2; margin: 0pt;"><br/></p><div style="border-right: none; border-left: none;"><div style="border-right: none; border-left: none;"><div id="t_ft_ONKABFDIWW00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 115px; text-indent: 0px;" width="100%"><tbody><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 10px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> % ownership at December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 10px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 10px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; margin: 0px; height: 10px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Book value at December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 10px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Country of incorporation </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 29%; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">a) Ternium <span style="vertical-align: super; line-height: inherit; font-size: 8pt;">(*)</span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 30%; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Luxembourg </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 7%; height: 10px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">11.46% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1%; height: 10px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1%; height: 10px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 7%; height: 10px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">11.46% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1%; height: 10px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1%; height: 10px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 10%; height: 10px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,363,607</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1%; height: 10px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1%; height: 10px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 10%; height: 10px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,210,206</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1%; height: 10px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">b) Usiminas <span style="vertical-align: super; line-height: inherit; font-size: 8pt;">(**)</span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Brazil </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3.07% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3.07% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">109,534</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">103,106</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 10px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> c) Techgen </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Mexico </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">22.00% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">22.00% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">41,506</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">29,397</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> d) Global Pipe Company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Saudi Arabia </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">35.00% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">35.00% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">23,022</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">21,523</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Others </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,977</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">19,542</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,540,646</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,383,774</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div></div></div><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 9pt;"><span style="vertical-align: super; line-height: inherit;">(*) </span><span><span style="line-height: inherit;">Including treasury shares.</span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 9pt;"><span style="vertical-align: super; line-height: inherit;">(**) </span> <span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="line-height: inherit;">At December 31,</span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">20</span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">2</span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">2</span></span><span style="line-height: inherit;"> and <span style="border-left: none; border-right: none;">20</span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">2</span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">1</span></span><span style="line-height: inherit;">the voting rights were </span><span style="border-right: none; border-left: none;"><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">5.19</span></span></span><span style="line-height: inherit;">%</span><span style="line-height: inherit;">.</span></span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify; text-indent: 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: normal; line-height: inherit;">a) Ternium</span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Ternium</span><span style="font-size: 10pt; line-height: inherit;"> is a steel producer with production facilities in Mexico,</span><span style="font-size: 10pt; line-height: inherit;"> Brazil, </span><span style="font-size: 10pt; line-height: inherit;">Argentina, Colombia,</span><span style="font-size: 10pt; line-height: inherit;"> the Southern</span><span style="font-size: 10pt; line-height: inherit;"> Un</span><span style="font-size: 10pt; line-height: inherit;">ited States and </span><span style="font-size: 10pt; line-height: inherit;">Central America</span><span style="font-size: 10pt; line-height: inherit;"> and</span><span style="font-size: 10pt; line-height: inherit;"> is one of </span><span style="font-size: 10pt; line-height: inherit;">Tenaris’s</span><span style="font-size: 10pt; line-height: inherit;"> main suppliers of round steel bars and flat steel products for its pipes business.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">At December 31, 20</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">, the closing price of Ternium’s ADSs as quoted on the New York </span><span style="font-size: 10pt; line-height: inherit;">Stock Exchange was</span><span style="font-size: 10pt; line-height: inherit;"> $</span><span style="font-size: 10pt; line-height: inherit;">30.56</span><span style="font-size: 10pt; line-height: inherit;"> per ADS, giving </span><span style="font-size: 10pt; line-height: inherit;">Tenaris’s</span><span style="font-size: 10pt; line-height: inherit;"> ownership stake a ma</span><span style="font-size: 10pt; line-height: inherit;">rket value of approximately $</span><span style="font-size: 10pt; line-height: inherit;">702</span><span style="font-size: 10pt; line-height: inherit;"> million</span><span style="font-size: 10pt; line-height: inherit;">. A</span><span style="font-size: 10pt; line-height: inherit;">t December 31, 20</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">, the carrying value of </span><span style="font-size: 10pt; line-height: inherit;">Tenaris’s</span><span style="font-size: 10pt; line-height: inherit;"> ownership stake in Ternium, based on Ternium’s IFRS </span><span style="font-size: 10pt; line-height: inherit;">Financial S</span><span style="font-size: 10pt; line-height: inherit;">ta</span><span style="font-size: 10pt; line-height: inherit;">tements,</span><span style="font-size: 10pt; line-height: inherit;"> was approximately </span><span style="font-size: 10pt; line-height: inherit;">$</span><span style="font-size: 10pt; line-height: inherit;">1,363.6</span><span style="font-size: 10pt; line-height: inherit;"> million.</span><span style="font-size: 10pt; line-height: inherit;"> The Company reviews its participation in Ternium whenever events or circumstances indicate that the asset’s carrying amount may not be recoverable</span><span style="font-size: 10pt; line-height: inherit;">. As of December 31, 202</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">,</span><span style="font-size: 10pt; line-height: inherit;"> </span><span style="font-size: 10pt; line-height: inherit;">the Company concluded that</span><span style="font-size: 10pt; line-height: inherit;"> </span><span style="font-size: 10pt; line-height: inherit;">the carrying amount does not exceed the recoverable value of the investment.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><div style="border-right: none; border-left: none;"><div/></div></div><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Summarized selected financial information of Ternium, including the aggregated amounts of assets, liabilities, revenues and profit or loss is as follows:</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="border-right: none; border-left: none;"><table cellpadding="0" style="height: 241px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 20px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 20px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Ternium </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 20px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #ffffff; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #ffffff; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #ffffff; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Non-current assets </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; background-color: #cceeff; width: 10%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">8,647,510</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 10%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">8,491,363</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Current assets </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">8,844,038</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">8,606,544</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total assets </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; background-color: #cceeff; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">17,491,548</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">17,097,907</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Non-current liabilities </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,506,325</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,649,105</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Current liabilities </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; background-color: #cceeff; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,216,832</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3,213,764</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total liabilities </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">3,723,157</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">4,862,869</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total equity </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; background-color: #cceeff; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">13,768,391</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">12,235,038</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Non-controlling interests </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,922,434</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,700,019</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; background-color: #cceeff; text-indent: 0px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Revenues </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">16,414,466</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">16,090,744</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Gross profit </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; background-color: #cceeff; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3,927,184</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">6,195,674</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Net income for the year attributable to owners of the parent </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,767,516</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3,825,068</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></div><p style="line-height: 1.2; margin: 0pt; text-align: justify; text-indent: 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: normal; line-height: inherit;">b) Usiminas</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Usiminas is a Brazilian producer of high quality flat steel products used in the energy, automotive and other industries.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">As of December 31, 20</span><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">2</span></span><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">2</span></span><span style="font-size: 10pt; line-height: inherit;">, the closing price of the Usiminas’ ordinary and preferred shares, as quoted on the B3</span><span style="font-size: 10pt; line-height: inherit;"> - Brasil Bolsa Balcão S.A</span><span style="font-size: 10pt; line-height: inherit;">, was </span><span style="font-size: 10pt; line-height: inherit;">BRL</span><span style="font-size: 10pt; line-height: inherit;">7.41</span><span style="font-size: 10pt; line-height: inherit;"> ($</span><span style="font-size: 10pt; line-height: inherit;">1.42</span><span style="font-size: 10pt; line-height: inherit;">) and BRL</span><span style="font-size: 10pt; line-height: inherit;">7.16</span><span style="font-size: 10pt; line-height: inherit;"> ($</span><span style="font-size: 10pt; line-height: inherit;">1.37</span><span style="font-size: 10pt; line-height: inherit;">), respectively, giving Tenaris’s ownership stake a market value of approximately $</span><span style="font-size: 10pt; line-height: inherit;">53.6</span><span style="font-size: 10pt; line-height: inherit;"> million</span><span style="font-size: 10pt; line-height: inherit;">. As</span><span style="font-size: 10pt; line-height: inherit;"> of</span><span style="font-size: 10pt; line-height: inherit;"> that date, the carrying value of Tenaris’s ownership stake in Usiminas was </span><span style="font-size: 10pt; line-height: inherit;">approximately $</span><span style="font-size: 10pt; line-height: inherit;">109.5</span><span style="font-size: 10pt; line-height: inherit;"> million.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">For the year ended December 31, 2022, t</span><span style="font-size: 10pt; line-height: inherit;">he Company conducted an impairment</span><span style="font-size: 10pt; line-height: inherit;"> </span><span style="font-size: 10pt; line-height: inherit;">test and - mainly due to the lower expectations of steel demand and market steel prices, together with a worsened global macroeconomic situation that derived in the increase in discount rates - wrote down its investment in Usiminas by $19.1 million. The value-in-use was used to determine the recoverable value. Value-in-use was calculated discounting the estimated cash flows over a <span style="-sec-ix-hidden:Tag3218"><span style="border-left: none; border-right: none;">five</span>-year</span> period based on forecasts approved by management. For the subsequent years beyond the <span style="-sec-ix-hidden:Tag3219"><span style="border-left: none; border-right: none;">five</span>-year</span> period, a terminal value was calculated based on perpetuity considering a nominal growth rate of 2%. The discount rate used for such test was 13.5% and is based on the respective WACC, which is considered to be a good indicator of capital cost. The main factors that could result in additional impairment charges in future periods would be an increase of the discount rate, or a deterioration of the macroeconomic situation, steel demand and prices. Management has considered and assessed reasonably possible changes in the key assumptions and ha</span><span style="font-size: 10pt; line-height: inherit;">s</span><span style="font-size: 10pt; line-height: inherit;"> not identified any instances that could give rise to an additional material impairment charge over its investment in Usiminas.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Summarized selected financial information of Usiminas, including the aggregated amounts of assets, liabilities, revenues and profit or loss is as follows: </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 99.672%; height: 238px; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Usiminas </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #ffffff; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #ffffff; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; background-color: #ffffff; margin: 0px; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Non-current assets </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 10%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3,764,453</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 10%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3,491,103</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1%; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Current assets </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3,901,844</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3,583,814</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total assets </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">7,666,297</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">7,074,917</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Non-current liabilities </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,671,249</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,575,321</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Current liabilities </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,033,524</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,134,663</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total liabilities </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,704,773</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2,709,984</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Total equity </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">4,961,524</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">4,364,933</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Non-controlling interests </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">523,741</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">467,551</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Revenues </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">6,296,964</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">6,269,569</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Gross profit </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,110,439</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">2,101,336</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Net income for the year attributable to owners of the parent </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">319,979</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,687,682</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify; text-indent: 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">c) Techgen</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Techgen is a Mexican company that operates a natural gas-fired combined cycle electric power plant in the Pesquería area of the State of Nuevo León, Mexico, with a power capacity of 900 megawatts. As of December 31, 202</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">, Tenaris held 22% of Techgen’s share capital, and its affiliates, Ternium and Tecpetrol (both controlled by San Faustin), held 48% and 30% respectively.</span><span style="font-size: 10pt; line-height: inherit;">As of December</span><span style="font-size: 10pt; line-height: inherit;"> 31, 202</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">, the carrying value of Tenaris’s ownership stake in Techgen was approximately $</span><span style="font-size: 10pt; line-height: inherit;">41.5</span><span style="font-size: 10pt; line-height: inherit;"> million.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">Techgen entered into certain transportation capacity agreements,</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;"> equipment and other services related to the equipment,</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;"> and an agreement for the </span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">purchase of clean energy certificates. As of December 31, 202</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">2</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">, Tenaris’s exposure under these agreements </span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">amounted to $</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">42.5</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;"> million</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">, $</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">0.9</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;"> million </span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">and $</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">17.2</span><span style="font-size: 10pt; font-weight: normal; line-height: inherit;">million respectively.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Techgen’s sponsors granted certain subordinated loans to Techgen. As of December 31, 202</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">, the aggregate outstanding principal amount under these subordinated loans </span><span style="font-size: 10pt; line-height: inherit;">was $</span><span style="font-size: 10pt; line-height: inherit;">264.2</span><span style="font-size: 10pt; line-height: inherit;"> million, of which $</span><span style="font-size: 10pt; line-height: inherit;">58.1</span><span style="font-size: 10pt; line-height: inherit;"> million correspond to Tenaris’s contribution. </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">On February 13, 2019, Techgen entered into a $640 million syndicated loan agreement with several banks to refinance an existing loan, resulting in the release of certain corporate guarantees previously issued by Techgen’s shareholders to secure the replaced facility.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">The existing syndicated loan agreement is “non-recourse” on the sponsors. Techgen’s obligations thereunder are guaranteed by a Mexican security trust (covering shares, assets, accounts and contract rights), account pledges and certain direct agreements –customary for these type of transactions–. The commercial terms and conditions governing the purchase by the Company’s Mexican subsidiary, Tamsa, of </span><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">22</span></span><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">% of the energy generated by Techgen remain substantially unchanged.</span></span><br/></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Under the loan agreement, Techgen is committed to maintain a debt service reserve account covering debt service becoming due during two consecutive quarters; such account is funded by stand-by letters of credit issued for the account of Techgen’s sponsors in proportion to their respective participations in Techgen. Accordingly, the Company applied for stand-by letters of credit covering 22% of the debt service coverage ratio, which as of December 31, 202</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">, amounted to $</span><span style="font-size: 10pt; line-height: inherit;">10.3</span><span style="font-size: 10pt; line-height: inherit;"> million.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 49.65pt; text-align: justify; text-indent: -18pt;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">d)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">GPC</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 12pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">GPC is a Saudi-German joint venture, established in 2010 and located in Jubail, Saudi Arabia, which manufactures LSAW pipes. Tenaris, through its subsidiary SSPC, currently owns 35% of the share capital</span><span style="font-size: 10pt; line-height: inherit;"> of GPC. As of December 31, 2022</span><span style="font-size: 10pt; line-height: inherit;">, the carrying value of Tenaris’s ownership stake in GPC was approximately $</span><span style="font-size: 10pt; line-height: inherit;">23</span><span style="font-size: 10pt; line-height: inherit;"> million.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">SSPC and the other three owners of GPC have issued corporate guarantees to secure repayment of loan agreements entered into by GPC, with the Saudi Investment Development Fund, the Saudi British Bank, the National Commercial Bank and Banque Saudi Fransi to finance GPC’s capital expenditures and working capital. As of December 31, 202</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">, SSPC’s exposure under the guarantees amounted to $</span><span style="font-size: 10pt; line-height: inherit;">84</span><span style="font-size: 10pt; line-height: inherit;"> million.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="margin: 0pt; text-align: justify; line-height: 1.2;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">In December 2022, EEW, a German company that owns another 35% interest in GPC, expressed its intention to sell its entire interest in GPC for a cash amount of $9.9 million and a release of EEW’s corporate guarantees with respect to GPC’s debt. SSPC and another shareholder that owns a 20% interest in GPC exercised their respective rights of first refusal. Each such acquisition is subject to customary conditions, including competition </span><span style="font-size: 10pt; line-height: inherit;">clearance</span><span style="font-size: 10pt; line-height: inherit;"> and bank consents. If both acquisitions are cons</span><span style="font-size: 10pt; line-height: inherit;">ummated, SSPC will acquire a 22.3</span><span style="font-size: 10pt; line-height: inherit;">% additional int</span><span style="font-size: 10pt; line-height: inherit;">erest in GPC (thus totaling a 57.3% interest</span><span style="font-size: 10pt; line-height: inherit;">) and will assume a portion of EEW’s corporate guarantees (so that SSPC’s exposure under the g</span><span style="font-size: 10pt; line-height: inherit;">uarantees will increase to $137.5</span><span style="font-size: 10pt; line-height: inherit;"> million based on debt amounts as of December 31, 2022).</span></span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Unconsolidated Structured Entities Explanatory
DisclosureOfUnconsolidatedStructuredEntitiesExplanatory
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<div style="border-right: none; border-left: none;"><div style="border-right: none; border-left: none;"><div id="t_ft_119CT6OBTC00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 139px; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p></td><td colspan="4" style="padding: 0px; vertical-align: top; height: 17px; width: 22.0238%; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> Year ended December 31, </span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 76.9345%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p></td><td style="padding: 0px; vertical-align: top; background-color: #ffffff; margin: 0px; height: 17px; width: 9.97024%; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2022</span></p></td><td style="padding: 0px; vertical-align: top; background-color: #ffffff; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: top; background-color: #ffffff; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: top; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">2021</span></p></td><td style="padding: 0px; vertical-align: top; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 76.9345%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> At the beginning of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 9.97024%; height: 17px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">1,383,774</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1.04167%; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; width: 1.04167%; height: 17px; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 9.97024%; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">957,352</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; width: 1.4881%; height: 17px; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Translation differences </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">7,336</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (11,085</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Equity in earnings of non-consolidated companies </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">242,743</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">512,591</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Impairment loss in non-consolidated companies <span style="font-size: 8pt;"><sup><span style="color: #000000; font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*)</span></sup></span></span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (34,041</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; width: 1.04167%; text-indent: 0px;"><p style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px;">)</p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 10px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 10px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> - </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Dividends and distributions declared <span style="vertical-align: super; line-height: inherit; font-size: 8pt;">(**)</span></span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 10px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (64,189</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 10px; width: 1.04167%; text-indent: 0px;">)</td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 10px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> (78,926</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 1.4881%; margin: 0px; text-indent: 0px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> Increase in equity reserves and others </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 9.97024%; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">5,023</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; height: 17px; width: 1.04167%; text-indent: 0px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">3,842</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 76.9345%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> At the end of the year </span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 9.97024%; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,540,646</span></p></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1.04167%; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin: 0px; background-color: #cceeff; height: 17px; width: 1.04167%; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 9.97024%; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">1,383,774</span></p></td><td style="padding: 0px; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 1.4881%; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div></div></div><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 8pt;"><span style="vertical-align: super; line-height: inherit;">(<span style="font-size: 9pt;">*) </span></span><span><span style="border-right: none; border-left: none;"><span style="line-height: inherit;">Includes an impairment of $<span style="border-left: none; border-right: none;">19.1</span> million related to the investment in Usiminas and $14.9 million related to the joint venture with</span><span style="line-height: inherit;"> PAO</span><span style="line-height: inherit;"> Severstal</span><span style="line-height: inherit;"> (“Severstal”)</span><span style="line-height: inherit;">.</span><span style="line-height: inherit;"> For more information see note </span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">3</span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">6</span></span><span style="line-height: inherit;">.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 9pt;"><span style="vertical-align: super; line-height: inherit;">(**) </span><span><span style="border-right: none; border-left: none;"><span style="line-height: inherit;">Related to Ternium</span><span style="line-height: inherit;"> and Usiminas</span><span style="line-height: inherit;">. During </span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">202</span></span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">2</span></span></span><span style="line-height: inherit;"> and <span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">20</span></span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">2</span></span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">1</span></span></span><span style="line-height: inherit;"> $</span><span style="line-height: inherit;"><span style="border-left: none; border-right: none;">66.2</span></span><span style="line-height: inherit;"> million and</span><span style="line-height: inherit;">$</span><span style="border-left: none; border-right: none;"><span style="line-height: inherit;"><span style="border-left: none; border-right: none;"><span style="border-left: none; border-right: none;">75.9</span></span></span></span><span style="line-height: inherit;"> million</span><span style="line-height: inherit;"> respectively</span><span style="line-height: inherit;"> were collected</span><span style="line-height: inherit;">.</span></span></span></span></p> | |
| CY2021Q4 | ifrs-full |
Investments In Subsidiaries Joint Ventures And Associates
InvestmentsInSubsidiariesJointVenturesAndAssociates
|
1383774000 | usd |
| CY2020Q4 | ifrs-full |
Investments In Subsidiaries Joint Ventures And Associates
InvestmentsInSubsidiariesJointVenturesAndAssociates
|
957352000 | usd |
| CY2022 | ts |
Other Comprehensive Income Loss Net Of Tax Exchange Differences On Translation Attributable To Nonconsolidated Companies
OtherComprehensiveIncomeLossNetOfTaxExchangeDifferencesOnTranslationAttributableToNonconsolidatedCompanies
|
-7336000 | usd |
| CY2021 | ts |
Other Comprehensive Income Loss Net Of Tax Exchange Differences On Translation Attributable To Nonconsolidated Companies
OtherComprehensiveIncomeLossNetOfTaxExchangeDifferencesOnTranslationAttributableToNonconsolidatedCompanies
|
11085000 | usd |
| CY2022 | ts |
Income Loss From Equity Method Investments In Nonconsolidated Companies
IncomeLossFromEquityMethodInvestmentsInNonconsolidatedCompanies
|
242743000 | usd |
| CY2021 | ts |
Income Loss From Equity Method Investments In Nonconsolidated Companies
IncomeLossFromEquityMethodInvestmentsInNonconsolidatedCompanies
|
512591000 | usd |
| CY2022 | ts |
Impairment Loss Recognised In Profit Or Loss In Nonconsolidated Companies
ImpairmentLossRecognisedInProfitOrLossInNonconsolidatedCompanies
|
-34041000 | usd |
| CY2021 | ts |
Impairment Loss Recognised In Profit Or Loss In Nonconsolidated Companies
ImpairmentLossRecognisedInProfitOrLossInNonconsolidatedCompanies
|
usd | |
| CY2022 | ts |
Dividends Declared By Nonconsolidated Companies
DividendsDeclaredByNonconsolidatedCompanies
|
64189000 | usd |
| CY2021 | ts |
Dividends Declared By Nonconsolidated Companies
DividendsDeclaredByNonconsolidatedCompanies
|
78926000 | usd |
| CY2022 | ts |
Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method Including Dividends Declared Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodIncludingDividendsDeclaredNetOfTax
|
5023000 | usd |
| CY2021 | ts |
Share Of Other Comprehensive Income Of Associates And Joint Ventures Accounted For Using Equity Method Including Dividends Declared Net Of Tax
ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodIncludingDividendsDeclaredNetOfTax
|
3842000 | usd |
| CY2022Q4 | ifrs-full |
Investments In Subsidiaries Joint Ventures And Associates
InvestmentsInSubsidiariesJointVenturesAndAssociates
|
1540646000 | usd |
| CY2021Q4 | ifrs-full |
Investments In Subsidiaries Joint Ventures And Associates
InvestmentsInSubsidiariesJointVenturesAndAssociates
|
1383774000 | usd |
| CY2022Q4 | ifrs-full |
Investments In Subsidiaries Joint Ventures And Associates
InvestmentsInSubsidiariesJointVenturesAndAssociates
|
1540646000 | usd |
| CY2021Q4 | ifrs-full |
Investments In Subsidiaries Joint Ventures And Associates
InvestmentsInSubsidiariesJointVenturesAndAssociates
|
1383774000 | usd |
| CY2022Q4 | ifrs-full |
Description Of Discount Rates Used In Current Estimate Of Value In Use
DescriptionOfDiscountRatesUsedInCurrentEstimateOfValueInUse
|
0.135 | pure |
| CY2022Q4 | ifrs-full |
Production Supplies
ProductionSupplies
|
542636000 | usd |
| CY2021Q4 | ifrs-full |
Production Supplies
ProductionSupplies
|
485815000 | usd |
| CY2022Q4 | ifrs-full |
Current Inventories In Transit
CurrentInventoriesInTransit
|
530721000 | usd |
| CY2021Q4 | ifrs-full |
Current Inventories In Transit
CurrentInventoriesInTransit
|
253324000 | usd |
| CY2022Q4 | ts |
Inventories Gross
InventoriesGross
|
4209595000 | usd |
| CY2021Q4 | ts |
Inventories Gross
InventoriesGross
|
2918367000 | usd |
| CY2022Q4 | ts |
Noncurrent Receivables Employee Advances And Loans
NoncurrentReceivablesEmployeeAdvancesAndLoans
|
11908000 | usd |
| CY2021Q4 | ts |
Noncurrent Receivables Employee Advances And Loans
NoncurrentReceivablesEmployeeAdvancesAndLoans
|
8117000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Receivables From Taxes Other Than Income Tax
NoncurrentReceivablesFromTaxesOtherThanIncomeTax
|
27333000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Receivables From Taxes Other Than Income Tax
NoncurrentReceivablesFromTaxesOtherThanIncomeTax
|
53210000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Receivables Due From Related Parties
NoncurrentReceivablesDueFromRelatedParties
|
67921000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Receivables Due From Related Parties
NoncurrentReceivablesDueFromRelatedParties
|
61841000 | usd |
| CY2022Q4 | ts |
Non Current Legal Deposits
NonCurrentLegalDeposits
|
9394000 | usd |
| CY2021Q4 | ts |
Non Current Legal Deposits
NonCurrentLegalDeposits
|
9041000 | usd |
| CY2022Q4 | ts |
Noncurrent Receivables Advances To Suppliers And Other Advances
NoncurrentReceivablesAdvancesToSuppliersAndOtherAdvances
|
28779000 | usd |
| CY2021Q4 | ts |
Noncurrent Receivables Advances To Suppliers And Other Advances
NoncurrentReceivablesAdvancesToSuppliersAndOtherAdvances
|
9878000 | usd |
| CY2022Q4 | ts |
Noncurrent Receivables From Interest In Venezuelan Companies
NoncurrentReceivablesFromInterestInVenezuelanCompanies
|
48659000 | usd |
| CY2021Q4 | ts |
Noncurrent Receivables From Interest In Venezuelan Companies
NoncurrentReceivablesFromInterestInVenezuelanCompanies
|
48659000 | usd |
| CY2022Q4 | ifrs-full |
Other Noncurrent Receivables
OtherNoncurrentReceivables
|
17726000 | usd |
| CY2021Q4 | ifrs-full |
Other Noncurrent Receivables
OtherNoncurrentReceivables
|
15142000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Receivables
NoncurrentReceivables
|
211720000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Receivables
NoncurrentReceivables
|
205888000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Inventories Explanatory
DisclosureOfInventoriesExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: "times new roman", times; color: rgb(0, 51, 102);"><span style="font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">15</span></span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px;">Inventories</span><span style="font-size: 10pt; font-weight: bold;">, net</span></span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;"> </span></span></p><table cellpadding="0" style="height: 165px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; height: 17px;"><br/></td></tr><tr style="height: 12px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 12px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2022</span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; height: 12px;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom; height: 12px;" valign="bottom"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2021</span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; height: 12px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Finished goods </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,592,706</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,113,011</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goods in process </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">936,555</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">707,665</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Raw materials </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">606,977</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">358,552</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Supplies </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">542,636</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">485,815</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Goods in transit </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">530,721</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">253,324</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">4,209,595</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2,918,367</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Allowance for obsolescence, see note 24 (i) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (222,666</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (245,774</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">3,986,929</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2,672,593</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; height: 17px;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ifrs-full |
Finished Goods
FinishedGoods
|
1592706000 | usd |
| CY2021Q4 | ifrs-full |
Finished Goods
FinishedGoods
|
1113011000 | usd |
| CY2022Q4 | ifrs-full |
Work In Progress
WorkInProgress
|
936555000 | usd |
| CY2021Q4 | ifrs-full |
Work In Progress
WorkInProgress
|
707665000 | usd |
| CY2022Q4 | ifrs-full |
Raw Materials
RawMaterials
|
606977000 | usd |
| CY2021Q4 | ifrs-full |
Raw Materials
RawMaterials
|
358552000 | usd |
| CY2022Q4 | ts |
Inventories Allowance For Obsolescence
InventoriesAllowanceForObsolescence
|
222666000 | usd |
| CY2021Q4 | ts |
Inventories Allowance For Obsolescence
InventoriesAllowanceForObsolescence
|
245774000 | usd |
| CY2022Q4 | ifrs-full |
Inventories
Inventories
|
3986929000 | usd |
| CY2021Q4 | ifrs-full |
Inventories
Inventories
|
2672593000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Prepayments And Other Assets Explanatory
DisclosureOfPrepaymentsAndOtherAssetsExplanatory
|
<p style="line-height: 12pt; margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; color: #003366;"><span style="font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">16</span></span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px;">Receivables and prepayments</span><span style="font-size: 10pt; font-weight: bold;">, net</span></span></p><p style="line-height: 12pt; margin: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p><table cellpadding="0" style="height: 203px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="5" style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; text-align: center;"> Year ended December 31, </span></p></td></tr><tr style="height: 16px;"><td style="height: 16px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td align="right" style="height: 16px; white-space: nowrap; margin: 0pt; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"><span style="border-left: none; border-right: none;">2022</span></span></p></td><td style="height: 16px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td style="white-space: nowrap; height: 16px; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td align="right" style="height: 16px; white-space: nowrap; margin: 0pt; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"><span style="border-left: none; border-right: none;">2021</span></span></p></td><td style="vertical-align: bottom; height: 16px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Prepaid expenses and other receivables </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">47,419</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">38,080</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Government entities </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">18,121</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">2,363</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Employee advances and loans </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">10,701</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">5,974</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Advances to suppliers and other advances </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">41,549</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">17,225</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Government tax refunds on exports </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">8,898</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">8,419</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Receivables from related parties </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">19,184</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">5,919</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">41,418</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; background-color: #cceeff; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">21,502</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">187,290</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">99,482</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Allowance for other doubtful accounts, see note 24 (i) </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (3,479</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (3,206</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">183,811</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">96,276</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr></tbody></table> | |
| CY2022Q4 | ts |
Current Receivables And Prepayments Prepaid Expenses And Other Receivables
CurrentReceivablesAndPrepaymentsPrepaidExpensesAndOtherReceivables
|
47419000 | usd |
| CY2021Q4 | ts |
Current Receivables And Prepayments Prepaid Expenses And Other Receivables
CurrentReceivablesAndPrepaymentsPrepaidExpensesAndOtherReceivables
|
38080000 | usd |
| CY2022Q4 | ts |
Current Receivables And Prepayments Government Entities
CurrentReceivablesAndPrepaymentsGovernmentEntities
|
18121000 | usd |
| CY2021Q4 | ts |
Current Receivables And Prepayments Government Entities
CurrentReceivablesAndPrepaymentsGovernmentEntities
|
2363000 | usd |
| CY2022Q4 | ts |
Current Receivables And Prepayments Employee Advances And Loans
CurrentReceivablesAndPrepaymentsEmployeeAdvancesAndLoans
|
10701000 | usd |
| CY2021Q4 | ts |
Current Receivables And Prepayments Employee Advances And Loans
CurrentReceivablesAndPrepaymentsEmployeeAdvancesAndLoans
|
5974000 | usd |
| CY2022Q4 | ts |
Current Receivables And Prepayments Advances To Suppliers And Other Advances
CurrentReceivablesAndPrepaymentsAdvancesToSuppliersAndOtherAdvances
|
41549000 | usd |
| CY2021Q4 | ts |
Current Receivables And Prepayments Advances To Suppliers And Other Advances
CurrentReceivablesAndPrepaymentsAdvancesToSuppliersAndOtherAdvances
|
17225000 | usd |
| CY2022Q4 | ifrs-full |
Current Receivables From Taxes Other Than Income Tax
CurrentReceivablesFromTaxesOtherThanIncomeTax
|
8898000 | usd |
| CY2021Q4 | ifrs-full |
Current Receivables From Taxes Other Than Income Tax
CurrentReceivablesFromTaxesOtherThanIncomeTax
|
8419000 | usd |
| CY2022Q4 | ts |
Current Receivables And Prepayments Receivables From Related Parties
CurrentReceivablesAndPrepaymentsReceivablesFromRelatedParties
|
19184000 | usd |
| CY2021Q4 | ts |
Current Receivables And Prepayments Receivables From Related Parties
CurrentReceivablesAndPrepaymentsReceivablesFromRelatedParties
|
5919000 | usd |
| CY2022Q4 | ifrs-full |
Other Current Receivables
OtherCurrentReceivables
|
41418000 | usd |
| CY2021Q4 | ifrs-full |
Other Current Receivables
OtherCurrentReceivables
|
21502000 | usd |
| CY2022Q4 | ts |
Current Receivables And Prepayments Gross
CurrentReceivablesAndPrepaymentsGross
|
187290000 | usd |
| CY2021Q4 | ts |
Current Receivables And Prepayments Gross
CurrentReceivablesAndPrepaymentsGross
|
99482000 | usd |
| CY2022Q4 | ts |
Current Allowance For Other Doubtful Accounts
CurrentAllowanceForOtherDoubtfulAccounts
|
-3479000 | usd |
| CY2021Q4 | ts |
Current Allowance For Other Doubtful Accounts
CurrentAllowanceForOtherDoubtfulAccounts
|
-3206000 | usd |
| CY2022Q4 | ifrs-full |
Current Prepayments And Other Current Assets
CurrentPrepaymentsAndOtherCurrentAssets
|
183811000 | usd |
| CY2021Q4 | ifrs-full |
Current Prepayments And Other Current Assets
CurrentPrepaymentsAndOtherCurrentAssets
|
96276000 | usd |
| CY2021Q4 | ifrs-full |
Trade And Other Current Receivables Due From Related Parties
TradeAndOtherCurrentReceivablesDueFromRelatedParties
|
32258000 | usd |
| CY2022Q4 | ts |
Current Trade Receivables Gross
CurrentTradeReceivablesGross
|
2539435000 | usd |
| CY2021Q4 | ts |
Current Trade Receivables Gross
CurrentTradeReceivablesGross
|
1346192000 | usd |
| CY2022Q4 | ts |
Current Trade Receivables Allowance For Doubtful Accounts
CurrentTradeReceivablesAllowanceForDoubtfulAccounts
|
45495000 | usd |
| CY2021Q4 | ts |
Current Trade Receivables Allowance For Doubtful Accounts
CurrentTradeReceivablesAllowanceForDoubtfulAccounts
|
47120000 | usd |
| CY2022Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
2493940000 | usd |
| CY2021Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
1299072000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Tax Receivables And Payables Explanatory
DisclosureOfTaxReceivablesAndPayablesExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: "times new roman", times; color: rgb(0, 51, 102);"><span style="font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">17</span></span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px;">Current tax assets</span><span style="font-size: 10pt; font-weight: bold;"> and liabilities</span></span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 12pt; font-weight: bold;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 97px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 12px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 12px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current tax assets </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2022</span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 12px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 12px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; height: 12px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">2021</span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 12px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income tax assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">24,812</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">16,394</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> V.A.T. credits </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">218,009</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">176,202</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other prepaid taxes </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">425</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">243,136</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">193,021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><p style="margin: 0px; text-indent: 0px;"><br/></p><table cellpadding="0" style="height: 98px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 20px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 20px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 20px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 20px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current tax liabilities </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income tax liabilities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">280,469</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">73,352</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> V.A.T. liabilities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">17,228</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">12,955</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other taxes </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">78,543</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 10px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">57,179</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; height: 10px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">376,240</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">143,486</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ts |
Current Income Tax Assets
CurrentIncomeTaxAssets
|
24812000 | usd |
| CY2021Q4 | ts |
Current Income Tax Assets
CurrentIncomeTaxAssets
|
16394000 | usd |
| CY2022Q4 | ifrs-full |
Current Value Added Tax Receivables
CurrentValueAddedTaxReceivables
|
218009000 | usd |
| CY2021Q4 | ifrs-full |
Current Value Added Tax Receivables
CurrentValueAddedTaxReceivables
|
176202000 | usd |
| CY2022Q4 | ts |
Current Prepaid Taxes
CurrentPrepaidTaxes
|
315000 | usd |
| CY2021Q4 | ts |
Current Prepaid Taxes
CurrentPrepaidTaxes
|
425000 | usd |
| CY2022Q4 | ifrs-full |
Current Tax Assets Current
CurrentTaxAssetsCurrent
|
243136000 | usd |
| CY2021Q4 | ifrs-full |
Current Tax Assets Current
CurrentTaxAssetsCurrent
|
193021000 | usd |
| CY2022Q4 | ts |
Current Income Tax Liabilities
CurrentIncomeTaxLiabilities
|
280469000 | usd |
| CY2021Q4 | ts |
Current Income Tax Liabilities
CurrentIncomeTaxLiabilities
|
73352000 | usd |
| CY2022Q4 | ifrs-full |
Current Value Added Tax Payables
CurrentValueAddedTaxPayables
|
17228000 | usd |
| CY2021Q4 | ifrs-full |
Current Value Added Tax Payables
CurrentValueAddedTaxPayables
|
12955000 | usd |
| CY2022Q4 | ts |
Current Other Tax Liabilities
CurrentOtherTaxLiabilities
|
78543000 | usd |
| CY2021Q4 | ts |
Current Other Tax Liabilities
CurrentOtherTaxLiabilities
|
57179000 | usd |
| CY2022Q4 | ifrs-full |
Current Tax Liabilities Current
CurrentTaxLiabilitiesCurrent
|
376240000 | usd |
| CY2021Q4 | ifrs-full |
Current Tax Liabilities Current
CurrentTaxLiabilitiesCurrent
|
143486000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Trade And Other Receivables Explanatory
DisclosureOfTradeAndOtherReceivablesExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; color: #003366;"><span style="font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">18</span></span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px;">Trade receivables, net</span></span></p><p style="margin: 0px; text-indent: 0px;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p><table cellpadding="0" style="height: 119px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="5" style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; text-align: center;"> Year ended December 31, </span></p></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">2022</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; text-align: center; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; text-align: center; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">2021</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current accounts </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">2,479,035</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; width: 1%; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">1,313,934</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 1%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Receivables from related parties </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">60,400</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">32,258</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="height: 17px; background-color: #cceeff; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">2,539,435</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">1,346,192</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Allowance for doubtful accounts, see note 24 (i) </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (45,495</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td style="white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (47,120</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="height: 17px; background-color: #cceeff; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">2,493,940</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; background-color: #cceeff; white-space: nowrap; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">1,299,072</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr></tbody></table><p style="margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;"> </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times;"><span style="font-size: 10pt;">The following table sets forth details </span><span style="font-size: 10pt;">of the aging</span><span style="font-size: 10pt;"> of trade receivables: </span></span></p><p style="line-height: 12pt; margin: 0pt;"><br/></p><div><div><div style="border-left: none; border-right: none;"><div style="border-right: none; border-left: none;"><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 146px; width: 100%;" width="100%"><tbody><tr style="height: 10px;"><td style="vertical-align: bottom; height: 10px; padding: 0px 0px 0px 7px; width: 51.9355%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At December 31, 2022 </span></p></td><td colspan="2" rowspan="2" style="height: 27px; white-space: nowrap; width: 10%; vertical-align: middle; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; border-right-width: 1px; border-right-style: solid; border-right-color: #000000 !important;" valign="middle"><p style="margin: 0pt; text-align: center; line-height: 1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; line-height: inherit;"> Trade Receivables </span></p></td><td colspan="2" rowspan="2" style="border-image: initial; height: 27px; white-space: nowrap; width: 10%; vertical-align: middle; border-width: 1px; border-color: #000000 !important; border-style: solid;" valign="middle"><p style="margin: 0pt; text-align: center; line-height: 1;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; line-height: inherit;"> Not Due </span></p></td><td colspan="4" style="vertical-align: bottom; height: 10px; white-space: nowrap; width: 24.0323%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; text-align: center;"> Past due </span></p></td></tr><tr style="height: 17px;"><td style="height: 17px; margin: 0pt; padding: 0px 0px 0px 7px; vertical-align: bottom; width: 51.9355%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 10%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; line-height: inherit;">1 - 180 days </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.01613%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 10%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> > 180 days </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.01613%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 51.9355%; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Guaranteed </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">265,898</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">237,784</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">27,431</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">683</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 51.9355%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not guaranteed </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">2,273,537</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.01613%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">1,756,707</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.01613%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">465,423</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.01613%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">51,407</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.01613%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 51.9355%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Guaranteed and not guaranteed </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">2,539,435</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">1,994,491</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">492,854</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">52,090</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 51.9355%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Expected loss rate </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">0.06</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> % </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">0.03</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> % </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">0.18</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> % </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">0.77</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> % </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 51.9355%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Allowances for doubtful accounts </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (1,657</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (654</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (920</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (83</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px; width: 51.9355%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nominative allowances for doubtful accounts </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (43,838</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="height: 17px; margin: 0px; vertical-align: bottom; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (1,541</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (42,297</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; width: 2.01613%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px; width: 51.9355%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net Value </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">2,493,940</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">1,993,837</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">490,393</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">9,710</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2.01613%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr></tbody></table></div></div></div><p style="line-height: 12pt; margin: 0px; text-indent: 0px;"><br/></p></div><table cellpadding="0" style="border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 139px; width: 100%;" width="100%"><tbody><tr style="height: 10px;"><td style="vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At December 31, 2021 </span></p></td><td colspan="2" rowspan="2" style="height: 20px; white-space: nowrap; vertical-align: middle; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; border-right-width: 1px; border-right-style: solid; border-right-color: #000000 !important;" valign="middle"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> Trade Receivables </span></p></td><td colspan="2" rowspan="2" style="border-image: initial; height: 20px; white-space: nowrap; vertical-align: middle; border-width: 1px; border-color: #000000 !important; border-style: solid;" valign="middle"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> Not Due </span></p></td><td colspan="4" style="vertical-align: bottom; height: 10px; white-space: nowrap; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt; text-align: center;"> Past due </span></p></td></tr><tr style="height: 10px;"><td style="height: 10px; margin: 0pt; padding-right: 8px; vertical-align: bottom;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="vertical-align: bottom; height: 10px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">1 - 180 days </span></p></td><td style="vertical-align: bottom; height: 10px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td style="vertical-align: bottom; height: 10px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> > 180 days </span></p></td><td style="vertical-align: bottom; height: 10px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 9pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52%; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Guaranteed </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">195,848</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">185,238</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">9,894</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; width: 10%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">716</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; width: 2%;"><p style="margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 9pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Not guaranteed </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">1,150,344</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">951,356</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">148,412</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">50,576</span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 9pt; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Guaranteed and not guaranteed </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">1,346,192</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">1,136,594</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">158,306</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">51,292</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap;"><p style="margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 9pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Expected loss rate </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">0.06</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> % </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">0.04</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> % </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">0.20</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> % </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;">0.84</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> % </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Allowances for doubtful accounts </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (833</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (401</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (367</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (65</span></p></td><td align="left" style="height: 17px; background-color: #cceeff; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td></tr><tr style="height: 17px;"><td style="vertical-align: bottom; height: 17px; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Nominative allowances for doubtful accounts </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (46,287</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="vertical-align: bottom; height: 17px; margin: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="vertical-align: bottom; height: 17px; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (1,391</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td><td align="right" style="height: 17px; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> (44,896</span></p></td><td align="left" style="height: 17px; white-space: nowrap; padding-right: 8px; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt;"> ) </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; padding: 0px 0px 0px 7px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Net Value </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">1,299,072</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">1,136,193</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">156,548</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;"> </span></p></td><td align="right" style="height: 17px; background-color: #cceeff; white-space: nowrap; margin: 0pt; vertical-align: bottom; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; margin: 0pt;">6,331</span></p></td><td style="vertical-align: bottom; height: 17px; background-color: #cceeff; white-space: nowrap; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 9pt; font-weight: bold; margin: 0pt;"> </span></p></td></tr></tbody></table><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 8pt;"> </span></p><p style="margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">Trade receivables are mainly denominated in </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">U.S. dollars. </span></p> | |
| CY2022Q4 | ts |
Current Trade Receivables Current Accounts
CurrentTradeReceivablesCurrentAccounts
|
2479035000 | usd |
| CY2021Q4 | ts |
Current Trade Receivables Current Accounts
CurrentTradeReceivablesCurrentAccounts
|
1313934000 | usd |
| CY2022Q4 | ifrs-full |
Trade And Other Current Receivables Due From Related Parties
TradeAndOtherCurrentReceivablesDueFromRelatedParties
|
60400000 | usd |
| CY2022Q4 | ts |
Current Trade Receivables Guaranteed
CurrentTradeReceivablesGuaranteed
|
265898000 | usd |
| CY2022Q4 | ts |
Current Trade Receivables Not Guaranteed
CurrentTradeReceivablesNotGuaranteed
|
2273537000 | usd |
| CY2022Q4 | ts |
Current Trade Receivables Gross
CurrentTradeReceivablesGross
|
2539435000 | usd |
| CY2022Q4 | ts |
Current Trade Receivables Expected Loss Rate
CurrentTradeReceivablesExpectedLossRate
|
0.0006 | pure |
| CY2022Q4 | ts |
Allowance For Doubtful Accounts Net Of Nominative Allowances
AllowanceForDoubtfulAccountsNetOfNominativeAllowances
|
1657000 | usd |
| CY2022Q4 | ts |
Current Trade Receivables Nominative Allowances For Doubtful Accounts
CurrentTradeReceivablesNominativeAllowancesForDoubtfulAccounts
|
43838000 | usd |
| CY2022Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
2493940000 | usd |
| CY2021Q4 | ts |
Current Trade Receivables Guaranteed
CurrentTradeReceivablesGuaranteed
|
195848000 | usd |
| CY2021Q4 | ts |
Current Trade Receivables Not Guaranteed
CurrentTradeReceivablesNotGuaranteed
|
1150344000 | usd |
| CY2021Q4 | ts |
Current Trade Receivables Gross
CurrentTradeReceivablesGross
|
1346192000 | usd |
| CY2021Q4 | ts |
Current Trade Receivables Expected Loss Rate
CurrentTradeReceivablesExpectedLossRate
|
0.0006 | pure |
| CY2021Q4 | ts |
Allowance For Doubtful Accounts Net Of Nominative Allowances
AllowanceForDoubtfulAccountsNetOfNominativeAllowances
|
833000 | usd |
| CY2021Q4 | ts |
Current Trade Receivables Nominative Allowances For Doubtful Accounts
CurrentTradeReceivablesNominativeAllowancesForDoubtfulAccounts
|
46287000 | usd |
| CY2021Q4 | ifrs-full |
Current Trade Receivables
CurrentTradeReceivables
|
1299072000 | usd |
| CY2022Q4 | ifrs-full |
Balances With Banks
BalancesWithBanks
|
149424000 | usd |
| CY2021Q4 | ifrs-full |
Balances With Banks
BalancesWithBanks
|
167455000 | usd |
| CY2022Q4 | ifrs-full |
Shortterm Deposits Classified As Cash Equivalents
ShorttermDepositsClassifiedAsCashEquivalents
|
422859000 | usd |
| CY2021Q4 | ifrs-full |
Shortterm Deposits Classified As Cash Equivalents
ShorttermDepositsClassifiedAsCashEquivalents
|
105697000 | usd |
| CY2022Q4 | ifrs-full |
Shortterm Investments Classified As Cash Equivalents
ShorttermInvestmentsClassifiedAsCashEquivalents
|
519244000 | usd |
| CY2021Q4 | ifrs-full |
Shortterm Investments Classified As Cash Equivalents
ShorttermInvestmentsClassifiedAsCashEquivalents
|
44975000 | usd |
| CY2022Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
1091527000 | usd |
| CY2021Q4 | ifrs-full |
Cash And Cash Equivalents
CashAndCashEquivalents
|
318127000 | usd |
| CY2022Q4 | ts |
Other Investments Current Fixed Income
OtherInvestmentsCurrentFixedIncome
|
196152000 | usd |
| CY2021Q4 | ts |
Other Investments Current Fixed Income
OtherInvestmentsCurrentFixedIncome
|
239742000 | usd |
| CY2022Q4 | ts |
Other Investments Current Bonds And Other Fixed Income
OtherInvestmentsCurrentBondsAndOtherFixedIncome
|
211953000 | usd |
| CY2021Q4 | ts |
Other Investments Current Bonds And Other Fixed Income
OtherInvestmentsCurrentBondsAndOtherFixedIncome
|
158107000 | usd |
| CY2022Q4 | ts |
Other Investments Current Fund Investments
OtherInvestmentsCurrentFundInvestments
|
30343000 | usd |
| CY2021Q4 | ts |
Other Investments Current Fund Investments
OtherInvestmentsCurrentFundInvestments
|
usd | |
| CY2022Q4 | ifrs-full |
Current Investments
CurrentInvestments
|
438448000 | usd |
| CY2021Q4 | ifrs-full |
Current Investments
CurrentInvestments
|
397849000 | usd |
| CY2022Q4 | ts |
Other Investments Noncurrent Bonds And Other Fixed Income
OtherInvestmentsNoncurrentBondsAndOtherFixedIncome
|
113574000 | usd |
| CY2021Q4 | ts |
Other Investments Noncurrent Bonds And Other Fixed Income
OtherInvestmentsNoncurrentBondsAndOtherFixedIncome
|
312619000 | usd |
| CY2022Q4 | ts |
Other Investments Noncurrent Others
OtherInvestmentsNoncurrentOthers
|
6328000 | usd |
| CY2021Q4 | ts |
Other Investments Noncurrent Others
OtherInvestmentsNoncurrentOthers
|
7635000 | usd |
| CY2022Q4 | ifrs-full |
Noncurrent Investments Other Than Investments Accounted For Using Equity Method
NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
|
119902000 | usd |
| CY2021Q4 | ifrs-full |
Noncurrent Investments Other Than Investments Accounted For Using Equity Method
NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod
|
320254000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Borrowings Explanatory
DisclosureOfBorrowingsExplanatory
|
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-size: 10pt; font-weight: bold; line-height: inherit;"><span style="border-left: none; border-right: none;">20</span></span><span style="font-size: 10pt; font-weight: bold; line-height: inherit; margin-left: 30px;">Borrowings</span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 77%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bank borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">46,433</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">111,452</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Costs of issue of debt </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (20</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">46,433</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">111,432</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bank borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">682,255</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">219,566</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bank overdrafts </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">94</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Costs of issue of debt </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (20) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (125</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">682,329</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">219,501</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total Borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The maturity of borrowings is as follows:</span></p><p style="margin: 0pt;"><br/></p><div id="t_ft_A1JT4FYE1C00000000000000000000b"><table cellpadding="0" style="height: 112px; border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><br/></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1 year or less </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 1 - 2 years </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 2 – 3 years </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Over 3 years </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="background-color: #cceeff; height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: bold; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">At December 31, 2022</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">682,329</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">41,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,000</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,500</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">682,329</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">41,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">3,000</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,500</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Interest to be accrued <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">26,153</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">821</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">64</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">27,046</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">708,482</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">42,754</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">3,064</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,508</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">755,808</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 9pt; line-height: inherit;"><sup>(*) </sup><span>Includes the effect of hedge accounting.</span></span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div/><div id="t_ft_3LOADGE2CW00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 119px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt;"><br/></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1 year or less </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 1 - 2 years </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> 2 – 3 years </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Over 3 years </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At December 31, 2021 </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 41%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">219,501</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">107,438</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,994</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">219,501</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">107,438</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">3,994</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Interest to be accrued <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,465</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">560</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,038</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">221,966</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">107,998</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">4,007</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">333,971</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><br/></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-size: 9pt;"><span style="font-family: 'times new roman', times; line-height: inherit;"><sup>(*)</sup> </span><span style="font-family: 'times new roman', times; line-height: inherit;"><span><span style="line-height: inherit;"> Includes the effect of hedge accounting</span><span style="line-height: inherit;">.</span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Significant borrowings include:</span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 51.1185%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> In millions of U.S. dollars </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 17.5642%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 9.942%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 9.942%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 9.942%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 1.24275%;"><br/></td></tr><tr><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; border-top-width: 1pt; border-top-style: solid; border-bottom-width: 1pt; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; width: 51.1185%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Disbursement date </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-bottom-width: 1pt; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; width: 17.5642%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Borrower </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-bottom-width: 1pt; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; width: 9.942%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Type </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-bottom-width: 1pt; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; width: 9.942%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Final maturity </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-bottom-width: 1pt; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; width: 9.942%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Outstanding </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-bottom-width: 1pt; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; width: 1.24275%;"><br/></td></tr><tr style="background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 51.1185%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 17.5642%; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tamsa </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.942%; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bilateral </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.942%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.942%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.24275%; background-color: #cceeff;"><br/></td></tr><tr><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 51.1185%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 17.5642%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Maverick </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.942%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bilateral </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.942%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.942%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.24275%;"><br/></td></tr><tr style="background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; background-color: #cceeff; vertical-align: top; width: 51.1185%;" valign="top"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 17.5642%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tubos del Caribe </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.942%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bilateral </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.942%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.942%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">90</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.24275%;"><br/></td></tr><tr><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 51.1185%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2020</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 17.5642%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tamsa </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.942%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bilateral </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.942%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.942%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">80</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.24275%;"><br/></td></tr><tr style="background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 51.1185%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 17.5642%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Siderca </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.942%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bilateral </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.942%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 9.942%;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">55</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.24275%;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-size: 10pt; line-height: inherit;"><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">As of December 31, </span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;"><span style="border-left: none; border-right: none;">20</span></span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;"><span style="border-right: none; border-left: none;">2</span></span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;"><span style="border-right: none; border-left: none;">2</span></span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">, Tenaris wa</span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">s in compliance with all of its </span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">covenants. </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; line-height: inherit;"><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">The weighted average interest rates before tax shown below were calculated using the rates set for each instrument in its corresponding currency as of December 31, </span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">20</span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">2</span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">2</span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;"> and 20</span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">2</span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">1</span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">, </span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">considering hedge accounting</span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;"> where applicable</span><span style="font-family: 'Frutiger 45 Light'; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 12pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 12pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 77%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9.45% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 10%; background-color: #cceeff; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2.09% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; width: 1%; background-color: #cceeff; margin: 0px; text-indent: 0px;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Breakdown of long-term borrowings by currency and rate is as follows:</span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Non-current borrowings</span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="height: 105px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 20px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 20px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 20px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 20px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 20px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Currency </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Interest rates </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 62%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 15%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Variable </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20,000</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">99,587</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SAR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fixed </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">18,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">11,845</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SAR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Variable </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,500</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total non-current borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">46,433</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">111,432</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; line-height: inherit;"> </span></p><div/><div><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">Breakdown of short-term borrowings by currency and rate is as follows:</span><br/></div><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span><br/></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Current</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> borrowings</span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="height: 187px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Currency </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Interest rates </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 62%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 15%; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Variable </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">200,350</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">17,015</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fixed </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">206,336</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> EUR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Variable </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,273</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> EUR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fixed </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">26,829</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,706</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> MXN </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fixed </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">141,802</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">141,861</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ARS </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fixed </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">74,025</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,947</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SAR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Variable </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">26,022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SAR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fixed </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">29,964</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">22,677</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total current borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">682,329</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">219,501</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">Borrowing</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">s</span><span style="font-style: italic; font-weight: bold; line-height: inherit;"> evolution</span></span></p><p style="line-height: 1.2; margin: 0pt;"><br/></p><div id="t_ft_6Y4VEVFR7400000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 163px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, 2022 </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 77%; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">111,432</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">219,501</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (18</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (28,705</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Proceeds and repayments, net </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">49,948</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">371,500</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interests accrued less payments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">158</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,774</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reclassifications </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (115,087</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">115,087</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 10px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Increase due to business combinations <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">138</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Overdrafts variation </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">34</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">46,433</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">682,329</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt;"><br/></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-size: 9pt;"><span style="font-family: 'Times New Roman'; line-height: inherit;"><sup>(*)</sup> </span><span style="line-height: inherit; font-family: 'times new roman', times;"><span><span style="line-height: inherit;">Related to Parques Eólicos de la Buena Ventura</span><span style="line-height: inherit;"> S.A.</span><span style="line-height: inherit;"> acquisition, for more information see note </span><span style="line-height: inherit;">33</span><span style="line-height: inherit;"> to these Consolidated Financial Statements.</span></span></span></span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Detailed Information About Borrowings Explanatory
DisclosureOfDetailedInformationAboutBorrowingsExplanatory
|
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 77%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Non-current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bank borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">46,433</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">111,452</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Costs of issue of debt </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (20</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">46,433</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">111,432</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Current </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bank borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">682,255</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">219,566</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Bank overdrafts </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">94</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">60</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Costs of issue of debt </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (20) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (125</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 1pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">682,329</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">219,501</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 1pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total Borrowings </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">728,762</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">330,933</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1pt; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1pt; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ts |
Noncurrent Costs Of Issue Of Debt
NoncurrentCostsOfIssueOfDebt
|
usd | |
| CY2021Q4 | ts |
Noncurrent Costs Of Issue Of Debt
NoncurrentCostsOfIssueOfDebt
|
20000 | usd |
| CY2022Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
46433000 | usd |
| CY2021Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
111432000 | usd |
| CY2022Q4 | ts |
Current Costs Of Issue Of Debt
CurrentCostsOfIssueOfDebt
|
20000 | usd |
| CY2021Q4 | ts |
Current Costs Of Issue Of Debt
CurrentCostsOfIssueOfDebt
|
125000 | usd |
| CY2022Q4 | ifrs-full |
Current Borrowings And Current Portion Of Noncurrent Borrowings
CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
682329000 | usd |
| CY2021Q4 | ifrs-full |
Current Borrowings And Current Portion Of Noncurrent Borrowings
CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
219501000 | usd |
| CY2022Q4 | ifrs-full |
Borrowings
Borrowings
|
728762000 | usd |
| CY2021Q4 | ifrs-full |
Borrowings
Borrowings
|
330933000 | usd |
| CY2022Q4 | ifrs-full |
Borrowings
Borrowings
|
728762000 | usd |
| CY2022Q4 | ifrs-full |
Interest Payable
InterestPayable
|
27046000 | usd |
| CY2022Q4 | ts |
Borrowings Including Interest To Be Accrued
BorrowingsIncludingInterestToBeAccrued
|
755808000 | usd |
| CY2021Q4 | ifrs-full |
Borrowings
Borrowings
|
330933000 | usd |
| CY2021Q4 | ifrs-full |
Interest Payable
InterestPayable
|
3038000 | usd |
| CY2021Q4 | ts |
Borrowings Including Interest To Be Accrued
BorrowingsIncludingInterestToBeAccrued
|
333971000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Net Defined Benefit Liability Asset Explanatory
DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory
|
<table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 12.5pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 12pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 12.5pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unfunded </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">103,822</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">103,841</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td></tr><tr style="height: 12.5pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Funded </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,114</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,063</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 12.5pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">108,936</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">111,904</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><div style="border-left: none; border-right: none;"><div id="t_ft_AP5R992TOG00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 197px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Values at the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">103,841</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">115,774</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current service cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,810</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,728</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,610</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,997</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Curtailments and settlements </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (64</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (422</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Remeasurements <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<span style="border-left: none; border-right: none;">4,228</span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;">3,174</span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,657</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,716</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Benefits paid from the plan </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,111</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (13,539</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reclassified to current liabilities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (461</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (8,884</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,082</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (271) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">103,822</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">103,841</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div></div><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 9pt;"><sup>(*)</sup><span>For 2022 a gain of $0.1 million is attributable to demographic assumptions and a gain of $4.1 million to financial assumptions.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="border-right: none; border-left: none;"><span style="line-height: inherit;">For <span style="border-left: none; border-right: none;">2021</span> a loss of $<span style="border-left: none; border-right: none;">0.7</span> million is attributable to demographic assumptions and a loss of $<span style="border-left: none; border-right: none;">2.5</span> million to financial assumptions</span></span><span style="line-height: inherit;">.</span></span></span></p><div style="border-left: none; border-right: none;"><div id="t_ft_E14DQZZ3R400000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 88px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Present value of funded obligations </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">116,617</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">159,528</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fair value of plan assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (126,842</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (160,504</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 20px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 20px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Asset <span style="font-size: 8pt;"><sup>(*)</sup></span></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<span style="border-left: none; border-right: none;">10,225</span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<span style="border-left: none; border-right: none;">976</span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr></tbody></table></div></div><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><span style="border-right: none; border-left: none;"><span style="font-style: normal; line-height: inherit;"><sup>(*)</sup><span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">In <span style="border-left: none; border-right: none;">2022</span> and <span style="border-left: none; border-right: none;">2021</span>, $14.6 million and $9 million corresponding to plans with surplus balances that were reclassified within other non-current assets, respectively.</span></span></span></span></span></span></span></span></p><div style="border-left: none; border-right: none;"><div id="t_ft_8WCJ043U8000000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 155px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">159,528</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">176,309</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">356</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current service cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">154</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">222</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,293</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,190</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 19px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 19px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Remeasurements <sup>(*)</sup></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (30,349</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (7,019</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Benefits paid </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (10,374</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (14,530</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">116,617</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">159,528</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div></div><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 9pt;"><span style="border-right: none; border-left: none;"><span style="line-height: inherit;"><sup>(*)</sup><span><span style="border-right: none; border-left: none;">For <span style="border-left: none; border-right: none;">2022</span> a gain of $4.8 million is attributable to demographic assumptions and a gain of $25.6 million to financial assumptions.</span></span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span><span style="border-right: none; border-left: none;"><span style="font-family: 'times new roman', times; line-height: inherit;">For <span style="border-left: none; border-right: none;">2021</span> a gain of $<span style="border-left: none; border-right: none;">0.4</span> million is attributable to demographic assumptions and a gain of $<span style="border-left: none; border-right: none;">6.6</span> million to financial assumptions.</span></span></span></p> | |
| CY2022Q4 | ts |
Noncurrent Postemployment Benefits
NoncurrentPostemploymentBenefits
|
108936000 | usd |
| CY2021Q4 | ts |
Noncurrent Postemployment Benefits
NoncurrentPostemploymentBenefits
|
111904000 | usd |
| CY2022 | ifrs-full |
Adjustments For Decrease Increase In Loans And Advances To Customers
AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers
|
151066000 | usd |
| CY2022Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
46433000 | usd |
| CY2021Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
111432000 | usd |
| CY2022Q4 | ifrs-full |
Current Borrowings And Current Portion Of Noncurrent Borrowings
CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
682329000 | usd |
| CY2021Q4 | ifrs-full |
Current Borrowings And Current Portion Of Noncurrent Borrowings
CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
219501000 | usd |
| CY2021Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
111432000 | usd |
| CY2021Q4 | ifrs-full |
Current Borrowings And Current Portion Of Noncurrent Borrowings
CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
219501000 | usd |
| CY2022 | ts |
Effect Of Translation Differences On Longterm Borrowings
EffectOfTranslationDifferencesOnLongtermBorrowings
|
-18000 | usd |
| CY2022 | ts |
Effect Of Translation Differences On Current Borrowings And Current Portion Of Noncurrent Borrowings
EffectOfTranslationDifferencesOnCurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
-28705000 | usd |
| CY2022 | ts |
Effect Of Net Proceeds And Repayments On Longterm Borrowings
EffectOfNetProceedsAndRepaymentsOnLongtermBorrowings
|
49948000 | usd |
| CY2022 | ts |
Effect Of Net Proceeds And Repayments On Current Borrowings And Current Portion Of Noncurrent Borrowings
EffectOfNetProceedsAndRepaymentsOnCurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
371500000 | usd |
| CY2022 | ts |
Effect Of Interests Accrued Net Of Payments On Longterm Borrowings
EffectOfInterestsAccruedNetOfPaymentsOnLongtermBorrowings
|
158000 | usd |
| CY2022 | ts |
Effect Of Interests Accrued Net Of Payments On Current Borrowings And Current Portion Of Noncurrent Borrowings
EffectOfInterestsAccruedNetOfPaymentsOnCurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
4774000 | usd |
| CY2022 | ts |
Effect Of Reclassifications On Longterm Borrowings
EffectOfReclassificationsOnLongtermBorrowings
|
-115087000 | usd |
| CY2022 | ts |
Effect Of Reclassifications On Current Borrowings And Current Portion Of Noncurrent Borrowings
EffectOfReclassificationsOnCurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
115087000 | usd |
| CY2022 | ts |
Effect Of Business Combinations On Longterm Borrowings
EffectOfBusinessCombinationsOnLongtermBorrowings
|
usd | |
| CY2022 | ts |
Effect Of Business Combinations On Current Borrowings And Current Portion Of Noncurrent Borrowings
EffectOfBusinessCombinationsOnCurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
138000 | usd |
| CY2022 | ts |
Effect Of Overdrafts Variation On Longterm Borrowings
EffectOfOverdraftsVariationOnLongtermBorrowings
|
usd | |
| CY2022 | ts |
Effect Of Overdrafts Variation On Current Borrowings And Current Portion Of Noncurrent Borrowings
EffectOfOverdraftsVariationOnCurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
34000 | usd |
| CY2022Q4 | ifrs-full |
Longterm Borrowings
LongtermBorrowings
|
46433000 | usd |
| CY2022Q4 | ifrs-full |
Current Borrowings And Current Portion Of Noncurrent Borrowings
CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings
|
682329000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Deferred Taxes Explanatory
DisclosureOfDeferredTaxesExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; color: #003366;"><span style="font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">21</span></span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px;">Deferred </span><span style="font-size: 10pt; font-weight: bold;">tax</span><span style="font-size: 10pt; font-weight: bold;"> assets and liabilities</span></span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Deferred income taxes are calculated in full on temporary differences under the liability method using the tax rate of each country.</span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">The </span><span style="font-size: 10pt; line-height: inherit;">evolution of</span><span style="font-size: 10pt; line-height: inherit;"> deferred tax assets and liabilities</span><span style="font-size: 10pt; line-height: inherit;">during the year </span><span style="font-size: 10pt; line-height: inherit;">is</span><span style="font-size: 10pt; line-height: inherit;"> as follows:</span></span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Deferred tax liabilities</span></p><p style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="font-family: 'times new roman'; font-size: 10pt; border-collapse: collapse; margin: 0px; width: 100%; text-indent: 0px; height: 105px;" width="100%"><tbody><tr style="height: 20px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 20px; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt;"> </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Fixed assets </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Inventories </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Intangible assets and other </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 20px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 20px; width: 1.45349%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">669,830</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.01744%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">27,508</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.01744%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">104,346</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.01744%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">801,684</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.45349%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (64</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">15</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">600</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">551</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.45349%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Charged to other comprehensive income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,719</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,719</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.45349%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income statement (credit) / charge </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (94,099</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">16,009</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,877</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (70,213</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.45349%;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At December 31, 2022 </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">575,667</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">43,532</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">114,542</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">733,741</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.45349%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="font-family: 'times new roman'; font-size: 10pt; border-collapse: collapse; margin: 0px; text-indent: 0px; width: 100%; height: 131px;" width="100%"><tbody><tr style="height: 36px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 36px; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Fixed assets </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 1.45349%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Inventories </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Intangible assets and other </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 36px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 52.907%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0291%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">702,415</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.45349%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.01744%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0291%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">15,255</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.01744%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.01744%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0291%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">125,793</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.01744%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.01744%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0291%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">843,463</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1.01744%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (461</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.45349%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,059</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,520</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;">)</td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Decrease due to sale of subsidiaries <span style="font-size: 9pt;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (637</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1.45349%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (637</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px; width: 1.01744%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Charged to other comprehensive income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.45349%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,061</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,061</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income statement (credit) / charge </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (31,487</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.45349%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">12,253</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (23,449</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10.0291%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (42,683</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.01744%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 52.907%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At December 31, 2021 </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">669,830</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.45349%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">27,508</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">104,346</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 10.0291%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">801,684</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.01744%; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 12pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Deferred tax assets</span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="font-family: 'times new roman'; font-size: 10pt; border-collapse: collapse; margin: 0px 0px 0px 0.1px; width: 100%; text-indent: 0px; height: 121px;" width="100%"><tbody><tr style="height: 36px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 36px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Provisions and allowances </span></p></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Inventories </span></p></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Tax losses </span></p></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Other </span></p></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; vertical-align: bottom; border-top-color: #000000 !important; border-bottom-color: #000000 !important;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 36px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 41%; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (25,083</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (85,037</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (485,763</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (176,627</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (772,510</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (345</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">114</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">747</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (245) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">271</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Charged to other comprehensive income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">954</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">954</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income statement charge / (credit) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (389</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (95,229</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">174,427</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">18,934</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">97,743</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At December 31, 2022 </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (25,817</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (180,152</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (310,589</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (156,984</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (673,542</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr></tbody></table></div><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 129px; font-family: 'times new roman'; font-size: 10pt; border-collapse: collapse; margin: 0px 0px 0px 0.1px; text-indent: 0px; width: 100%;" width="100%"><tbody><tr style="height: 34px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 34px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Provisions and allowances </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Inventories </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Tax losses </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Other </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="background-color: #ffffff; padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; height: 34px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 41%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (21,208</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (85,937</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (480,149</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (206,958</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (794,252</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">506</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">606</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">80</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,195</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,387</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 10px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Decrease due to sale of subsidiaries <span style="font-size: 9pt;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">93</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">11</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">104</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 10px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Charged to other comprehensive income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,587</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,587</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income statement charge / (credit) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,381</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">201</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,694) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">26,538</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">16,664</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At December 31, 2021 </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (25,083</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (85,037</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (485,763</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (176,627</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (772,510</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr></tbody></table></div><p style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><sup>(*)</sup><span>Related to Geneva sale. See note <span style="border-left: none; border-right: none;">6</span> to these Consolidated Financial Statements.</span></span></p><p style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div><div id="t_ft_1ZXSFU2F4000000000000000000000b"/></div><p style="font-family: 'times new roman', times; font-size: 10pt; margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Deferred tax assets related to taxable losses of Tenaris subsidiaries are recognized to the extent it is considered probable that future taxable profits will be available</span><span style="font-size: 10pt; line-height: inherit;">,</span><span style="font-size: 10pt; line-height: inherit;"> against which such losses can be utilized in the foreseeable future. This amount includes $</span><span style="font-size: 10pt; line-height: inherit;">300</span><span style="font-size: 10pt; line-height: inherit;"> million related to U</span><span style="font-size: 10pt; line-height: inherit;">.</span><span style="font-size: 10pt; line-height: inherit;">S</span><span style="font-size: 10pt; line-height: inherit;">.</span><span style="font-size: 10pt; line-height: inherit;"> subsidiaries mainly due to the recognition of accelera</span><span style="font-size: 10pt; line-height: inherit;">ted fiscal depreciations, as well as the amounts </span><span style="font-size: 10pt; line-height: inherit;">related to the acquisition of IPSCO</span><span style="font-size: 10pt; line-height: inherit;"> in 2020</span><span style="font-size: 10pt; line-height: inherit;">.</span><span style="font-size: 10pt; line-height: inherit;">The remaining balance mainly corresponds to Tenaris’s </span><span style="font-size: 10pt; line-height: inherit;">Saudi Arabian</span><span style="font-size: 10pt; line-height: inherit;"> subsidiar</span><span style="font-size: 10pt; line-height: inherit;">ies. These subsidiaries</span><span style="font-size: 10pt; line-height: inherit;"> have </span><span style="font-size: 10pt; line-height: inherit;">incurred in fiscal losses in the past</span><span style="font-size: 10pt; line-height: inherit;">one or </span><span style="font-size: 10pt; line-height: inherit;">two years</span><span style="font-size: 10pt; line-height: inherit;">. </span><span style="font-size: 10pt; line-height: inherit;">Tenaris has concluded that these deferred tax assets will be recoverable based on t</span><span style="font-size: 10pt; line-height: inherit;">he business plans and budgets.</span></span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Approximately 100% of the recognized tax losses have an expiration date in more than 5 years or do not expire.</span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">As of December 31, 20</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">, the net unrecognized deferred tax assets amount</span><span style="font-size: 10pt; line-height: inherit;">ed</span><span style="font-size: 10pt; line-height: inherit;"> to $</span>120.4<span style="font-size: 10pt; line-height: inherit;"> million. </span><span style="font-size: 10pt; line-height: inherit;">U</span><span style="font-size: 10pt; line-height: inherit;">nrecognized tax </span><span style="font-size: 10pt; line-height: inherit;">credits</span><span style="font-size: 10pt; line-height: inherit;">with expiration dates in </span><span style="font-size: 10pt; line-height: inherit;">less than 1 year, between 2 and 5 years and more than 5 years </span><span style="font-size: 10pt; line-height: inherit;">or without expiration date </span><span style="font-size: 10pt; line-height: inherit;">are</span><span style="font-size: 10pt; line-height: inherit;"> approximately </span><span style="font-size: 10pt; line-height: inherit;">8</span><span style="font-size: 10pt; line-height: inherit;">%, </span><span style="font-size: 10pt; line-height: inherit;">4</span><span style="font-size: 10pt; line-height: inherit;">% and </span><span style="font-size: 10pt; line-height: inherit;">88</span><span style="font-size: 10pt; line-height: inherit;">% respectively.</span></span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">The estimated recovery analysis of deferred tax assets and settlement of deferred tax liabilities, which takes into consideration </span><span style="font-size: 10pt; line-height: inherit;">m</span><span style="font-size: 10pt; line-height: inherit;">anagement assumptions and estimates, is as follows:</span></span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="font-family: 'times new roman'; font-size: 10pt; border-collapse: collapse; margin: 0px; width: 100%; text-indent: 0px; height: 71px;" width="100%"><tbody><tr style="height: 20px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 20px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred tax assets to be recovered after 12 months </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (171,717</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (611,552</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred tax liabilities to be settled after 12 months </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">688,124</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">782,128</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr></tbody></table><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Deferred income tax assets and liabilities are offset when (1) there is a legally enforceable right to set</span><span style="font-size: 10pt; line-height: inherit;">-</span><span style="font-size: 10pt; line-height: inherit;">off current tax assets against current tax liabilities and (2)</span><span style="font-size: 10pt; line-height: inherit;"> when</span><span style="font-size: 10pt; line-height: inherit;"> the deferred income taxes relate to the same fiscal authority</span><span style="font-size: 10pt; line-height: inherit;"> on either the same taxable entity or different taxable entities where there is an intention to settle the balances on a net basis</span><span style="font-size: 10pt; line-height: inherit;">. The following amounts, determined after appropriate set</span><span style="font-size: 10pt; line-height: inherit;">-</span><span style="font-size: 10pt; line-height: inherit;">off, are shown in the </span><span style="font-size: 10pt; line-height: inherit;">C</span><span style="font-size: 10pt; line-height: inherit;">onsolidated </span><span style="font-size: 10pt; line-height: inherit;">S</span><span style="font-size: 10pt; line-height: inherit;">tatement of </span><span style="font-size: 10pt; line-height: inherit;">F</span><span style="font-size: 10pt; line-height: inherit;">inancial </span><span style="font-size: 10pt; line-height: inherit;">P</span><span style="font-size: 10pt; line-height: inherit;">osition</span><span style="font-size: 10pt; line-height: inherit;">:</span></span></p><div style="border-left: none; border-right: none;"><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="font-family: 'times new roman'; font-size: 10pt; border-collapse: collapse; margin: 0px 0px 0px 0.1px; text-indent: 0px; width: 100%; height: 88px;" width="100%"><tbody><tr style="height: 20px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 20px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred tax assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (208,870</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (245,547</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred tax liabilities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">269,069</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">274,721</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">60,199</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">29,174</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">The movement i</span><span style="font-size: 10pt; line-height: inherit;">n the net deferred income tax liability account is as follows:</span></span></p><p style="font-family: 'times new roman', times; font-size: 10pt; line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 136px; font-family: 'times new roman'; font-size: 10pt; border-collapse: collapse; margin: 0px; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 9pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">29,174</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">49,211</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">822</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (133</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Decrease due to sale of subsidiaries </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (533</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Charged to other comprehensive income </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,673</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,648</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Income statement charge / (credit) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">27,530</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (26,019</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">60,199</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">29,174</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"/></tr></tbody></table></div></div> | |
| CY2022Q4 | ifrs-full |
Unused Tax Losses For Which No Deferred Tax Asset Recognised
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised
|
120400000 | usd |
| CY2022Q4 | ts |
Unused Tax Losses For Which No Deferred Tax Asset Recognised Percent Expiring In Less Than One Year
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognisedPercentExpiringInLessThanOneYear
|
0.08 | pure |
| CY2022Q4 | ts |
Unused Tax Losses For Which No Deferred Tax Asset Recognised Percent Expiring Between Two And Five Years
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognisedPercentExpiringBetweenTwoAndFiveYears
|
0.04 | pure |
| CY2022Q4 | ts |
Unused Tax Losses For Which No Deferred Tax Asset Recognised Percent Expiring In More Than Five Years
UnusedTaxLossesForWhichNoDeferredTaxAssetRecognisedPercentExpiringInMoreThanFiveYears
|
0.88 | pure |
| CY2022 | ts |
Adjustments For Increase Decrease In Receivables And Prepayments And Current Tax Assets
AdjustmentsForIncreaseDecreaseInReceivablesAndPrepaymentsAndCurrentTaxAssets
|
-155449000 | usd |
| CY2021 | ts |
Adjustments For Increase Decrease In Receivables And Prepayments And Current Tax Assets
AdjustmentsForIncreaseDecreaseInReceivablesAndPrepaymentsAndCurrentTaxAssets
|
-79912000 | usd |
| CY2020 | ts |
Adjustments For Increase Decrease In Receivables And Prepayments And Current Tax Assets
AdjustmentsForIncreaseDecreaseInReceivablesAndPrepaymentsAndCurrentTaxAssets
|
67610000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits Explanatory
DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory
|
<table cellpadding="0" style="font-family: 'times new roman'; font-size: 10pt; border-collapse: collapse; margin: 0px; width: 100%; text-indent: 0px; height: 71px;" width="100%"><tbody><tr style="height: 20px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 20px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 20px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred tax assets to be recovered after 12 months </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (171,717</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (611,552</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Deferred tax liabilities to be settled after 12 months </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">688,124</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">782,128</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ifrs-full |
Deferred Tax Assets
DeferredTaxAssets
|
208870000 | usd |
| CY2021Q4 | ifrs-full |
Deferred Tax Assets
DeferredTaxAssets
|
245547000 | usd |
| CY2022Q4 | ifrs-full |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
269069000 | usd |
| CY2021Q4 | ifrs-full |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
274721000 | usd |
| CY2022Q4 | ifrs-full |
Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
|
60199000 | usd |
| CY2021Q4 | ifrs-full |
Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
|
29174000 | usd |
| CY2021Q4 | ifrs-full |
Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
|
29174000 | usd |
| CY2020Q4 | ifrs-full |
Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
|
49211000 | usd |
| CY2022 | ifrs-full |
Increase Decrease Through Net Exchange Differences Deferred Tax Liability Asset
IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset
|
822000 | usd |
| CY2021 | ifrs-full |
Increase Decrease Through Net Exchange Differences Deferred Tax Liability Asset
IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset
|
-133000 | usd |
| CY2022 | ifrs-full |
Increase Decrease Through Loss Of Control Of Subsidiary Deferred Tax Liability Asset
IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset
|
usd | |
| CY2021 | ifrs-full |
Increase Decrease Through Loss Of Control Of Subsidiary Deferred Tax Liability Asset
IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset
|
-533000 | usd |
| CY2022 | ifrs-full |
Income Tax Relating To Components Of Other Comprehensive Income
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome
|
2673000 | usd |
| CY2021 | ifrs-full |
Income Tax Relating To Components Of Other Comprehensive Income
IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome
|
6648000 | usd |
| CY2022 | ifrs-full |
Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
|
27530000 | usd |
| CY2021 | ifrs-full |
Deferred Tax Expense Income Recognised In Profit Or Loss
DeferredTaxExpenseIncomeRecognisedInProfitOrLoss
|
-26019000 | usd |
| CY2022Q4 | ifrs-full |
Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
|
60199000 | usd |
| CY2021Q4 | ifrs-full |
Deferred Tax Liability Asset
DeferredTaxLiabilityAsset
|
29174000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Other Liabilities Explanatory
DisclosureOfOtherLiabilitiesExplanatory
|
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-size: 10pt; font-weight: bold; line-height: inherit;"><span style="border-left: none; border-right: none;">22</span></span><span style="font-size: 10pt; font-weight: bold; line-height: inherit; margin-left: 30px;">Other liabilities</span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -36pt;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">(i)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Other liabilities – Non current</span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="height: 102px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">108,936</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">111,904</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other long-term benefits </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">71,446</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">71,345</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Miscellaneous </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">49,760</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">48,432</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">230,142</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">231,681</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><div><br/></div><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">Post-employment benefits</span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 12.5pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 12pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 12.5pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Unfunded </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">103,822</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">103,841</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td></tr><tr style="height: 12.5pt;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Funded </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,114</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,063</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 12.5pt; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">108,936</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">111,904</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 14.08pt; padding-left: 8.42pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">Unfunded</span></li></ul><p style="margin: 0pt; line-height: 1.2;"><br/></p><div style="border-left: none; border-right: none;"><div id="t_ft_AP5R992TOG00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 197px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Values at the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">103,841</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">115,774</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current service cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,810</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,728</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">7,610</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,997</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Curtailments and settlements </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (64</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (422</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 10px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 10px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Remeasurements <span style="font-size: 8pt;"><sup>(*)</sup></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (<span style="border-left: none; border-right: none;">4,228</span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="border-left: none; border-right: none;">3,174</span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 10px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,657</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,716</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Benefits paid from the plan </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (5,111</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (13,539</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Reclassified to current liabilities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (461</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (8,884</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,082</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (271) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">103,822</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">103,841</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div></div><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 9pt;"><sup>(*)</sup><span>For 2022 a gain of $0.1 million is attributable to demographic assumptions and a gain of $4.1 million to financial assumptions.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="border-right: none; border-left: none;"><span style="line-height: inherit;">For <span style="border-left: none; border-right: none;">2021</span> a loss of $<span style="border-left: none; border-right: none;">0.7</span> million is attributable to demographic assumptions and a loss of $<span style="border-left: none; border-right: none;">2.5</span> million to financial assumptions</span></span><span style="line-height: inherit;">.</span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 12pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">The actuarial assumptions</span><span style="font-size: 10pt; line-height: inherit;"> for the most relevant plans</span><span style="font-size: 10pt; line-height: inherit;"> were as follows:</span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="height: 65px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 14px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Discount rate </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4% - 7% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 14px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 14px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1% - 7% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 14px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Rate of compensation increase </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">As o</span><span style="font-size: 10pt; line-height: inherit;">f December 31, 20</span><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">2</span></span><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">2</span></span><span style="font-size: 10pt; line-height: inherit;">, an increase / (decrease) of 1% in the discount rate assumption </span><span style="font-size: 10pt; line-height: inherit;">of the main plans </span><span style="font-size: 10pt; line-height: inherit;">would have generated a (decrease) / increase on the </span><span style="font-size: 10pt; line-height: inherit;">defined benefit obligation </span><span style="font-size: 10pt; line-height: inherit;">of $</span><span style="font-size: 10pt; line-height: inherit;">5.2</span><span style="font-size: 10pt; line-height: inherit;"> million and </span><span style="font-size: 10pt; line-height: inherit;">$</span><span style="font-size: 10pt; line-height: inherit;">5.9</span><span style="font-size: 10pt; line-height: inherit;"> million respectively, and an increase / (decrease) of 1% in the rate of compensation assumption </span><span style="font-size: 10pt; line-height: inherit;">of the main plans </span><span style="font-size: 10pt; line-height: inherit;">would have generated an increase / (decrease) impact on the </span><span style="font-size: 10pt; line-height: inherit;">defined benefit obligation of </span><span style="font-size: 10pt; line-height: inherit;">$</span><span style="font-size: 10pt; line-height: inherit;">3.2</span><span style="font-size: 10pt; line-height: inherit;"> million and </span><span style="font-size: 10pt; line-height: inherit;">$</span><span style="font-size: 10pt; line-height: inherit;">2.9</span><span style="font-size: 10pt; line-height: inherit;">million respectivel</span><span style="font-size: 10pt; line-height: inherit;">y. The above sensitivity analyse</span><span style="font-size: 10pt; line-height: inherit;">s </span><span style="font-size: 10pt; line-height: inherit;">are</span><span style="font-size: 10pt; line-height: inherit;"> based on a change in discount rate and rate of compensation while holding all other assumptions</span><span style="font-size: 10pt; line-height: inherit;"> constant. In practice, this is unlikely to occur, and changes in some of the assumptions may be correlated</span><span style="font-size: 10pt; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; list-style-type: square; padding-left: 0pt;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 14.08pt; padding-left: 8.42pt; text-indent: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;">Funded</span></li></ul><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 12pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; font-style: normal; line-height: inherit;">The amounts recognized in the statement of financial position</span><span style="font-size: 10pt; font-style: normal; line-height: inherit;"> for the current annual period and</span><span style="font-size: 10pt; font-style: normal; line-height: inherit;"> the</span><span style="font-size: 10pt; font-style: normal; line-height: inherit;"> previous </span><span style="font-size: 10pt; font-style: normal; line-height: inherit;">annual period</span><span style="font-size: 10pt; font-style: normal; line-height: inherit;">are as follows:</span></span></p><p style="font-size: 10pt; line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><br/></p><div style="border-left: none; border-right: none;"><div id="t_ft_E14DQZZ3R400000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 88px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Present value of funded obligations </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">116,617</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">159,528</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Fair value of plan assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (126,842</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (160,504</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 20px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 20px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Asset <span style="font-size: 8pt;"><sup>(*)</sup></span></span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<span style="border-left: none; border-right: none;">10,225</span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (<span style="border-left: none; border-right: none;">976</span></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 20px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr></tbody></table></div></div><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; line-height: inherit;"><span style="border-right: none; border-left: none;"><span style="font-style: normal; line-height: inherit;"><sup>(*)</sup><span><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;"><span style="border-right: none; border-left: none;">In <span style="border-left: none; border-right: none;">2022</span> and <span style="border-left: none; border-right: none;">2021</span>, $14.6 million and $9 million corresponding to plans with surplus balances that were reclassified within other non-current assets, respectively.</span></span></span></span></span></span></span></span></p><div><p style="margin:0pt"><br/></p></div><p style="line-height: 1.2; margin: 0pt;"><br/></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The movement in the present value of funded obligations is as follows:</span></p><p style="line-height: 1.2; margin: 0pt;"><br/></p><div style="border-left: none; border-right: none;"><div id="t_ft_8WCJ043U8000000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 155px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">159,528</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">176,309</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (6,635</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">356</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Current service cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">154</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">222</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest cost </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,293</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,190</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 19px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 19px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Remeasurements <sup>(*)</sup></span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (30,349</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (7,019</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 19px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Benefits paid </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (10,374</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (14,530</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">116,617</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">159,528</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div></div><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 9pt;"><span style="border-right: none; border-left: none;"><span style="line-height: inherit;"><sup>(*)</sup><span><span style="border-right: none; border-left: none;">For <span style="border-left: none; border-right: none;">2022</span> a gain of $4.8 million is attributable to demographic assumptions and a gain of $25.6 million to financial assumptions.</span></span></span></span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span><span style="border-right: none; border-left: none;"><span style="font-family: 'times new roman', times; line-height: inherit;">For <span style="border-left: none; border-right: none;">2021</span> a gain of $<span style="border-left: none; border-right: none;">0.4</span> million is attributable to demographic assumptions and a gain of $<span style="border-left: none; border-right: none;">6.6</span> million to financial assumptions.</span></span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The movement in the fair value of plan assets is as follows: </span></p><p style="line-height: 1.2; margin: 0pt;"><br/></p><div style="border-left: none; border-right: none;"><div id="t_ft_FBNFXLLVDS00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 170px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (160,504</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (157,335</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,639</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (250</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Return on plan assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,319</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,793</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Remeasurements </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20,987</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (10,817</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Contributions paid to the plan </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (435</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,338</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Benefits paid from the plan </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10,374</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">14,530</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">416</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">499</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (126,842</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (160,504</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr></tbody></table></div></div><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The major categories of plan assets as a percentage of total plan assets are as follows:</span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><div id="t_ft_ZXNQQ8KXK000000000000000000000b"><table cellpadding="0" style="height: 85px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Equity instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">28.8% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">49.2% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debt instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">67.2% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">46.7% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.0% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.1% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"/></tr></tbody></table></div></div><p style="line-height: 1.2; margin: 0pt;"><br/></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The actuarial assumptions for the most relevant plans were as follows:</span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 68px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="background-color: #cceeff; height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Discount rate </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right; width: 10%; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3% - 5% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Rate of compensation increase </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The expected return on plan assets is determined by considering the expected returns available on the assets underlying the current investment policy. Expected return on plan assets is determined based on long-term, prospective rates of return as of the end of the reporting period. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">As of December 31, 2022, an increase / (decrease) of 1% in the discount rate assumption of the main plans would have generated a (decrease) / increase on the defined benefit obligation of $10.3 million and $11.9 million respectively, and an increase / (decrease) of 1% in the compensation rate assumption of the main plans would have generated an increase / (decrease) on the defined benefit obligation of $0.7 million and $0.7 million respectively. The above sensitivity analyses are based on a change in discount rate and rate of compensation while holding all other assumptions constant. In practice, this is unlikely to occur, and changes in some of the assumptions may be correlated.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">There are no expected employer contributions for the year 2023.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The methods and types of assumptions used in preparing the sensitivity analyses did not change compared to the previous period.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div><br/></div><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-indent: -36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">(ii)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; line-height: inherit;"> </span><span style="font-style: italic; font-weight: bold; line-height: inherit;">Other liabilities </span><span style="font-style: italic; font-weight: bold; line-height: inherit;">–</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">C</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">urrent</span></span></p><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><table cellpadding="0" style="height: 85px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payroll and social security payable </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">224,630</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">174,794</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Miscellaneous </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">35,984</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">28,931</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">260,614</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">203,725</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"/></tr></tbody></table> | |
| CY2022 | ifrs-full |
Disclosure Of Other Noncurrent Liabilities Explanatory
DisclosureOfOtherNoncurrentLiabilitiesExplanatory
|
<table cellpadding="0" style="height: 102px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Post-employment benefits </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">108,936</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">111,904</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other long-term benefits </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">71,446</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">71,345</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Miscellaneous </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">49,760</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">48,432</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">230,142</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">231,681</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ts |
Noncurrent Postemployment Benefits
NoncurrentPostemploymentBenefits
|
108936000 | usd |
| CY2021Q4 | ts |
Noncurrent Postemployment Benefits
NoncurrentPostemploymentBenefits
|
111904000 | usd |
| CY2022Q4 | ts |
Other Noncurrent Benefits
OtherNoncurrentBenefits
|
71446000 | usd |
| CY2021Q4 | ts |
Other Noncurrent Benefits
OtherNoncurrentBenefits
|
71345000 | usd |
| CY2022Q4 | ts |
Other Noncurrent Miscellaneous Liabilities
OtherNoncurrentMiscellaneousLiabilities
|
49760000 | usd |
| CY2021Q4 | ts |
Other Noncurrent Miscellaneous Liabilities
OtherNoncurrentMiscellaneousLiabilities
|
48432000 | usd |
| CY2022Q4 | ifrs-full |
Other Noncurrent Liabilities
OtherNoncurrentLiabilities
|
230142000 | usd |
| CY2021Q4 | ifrs-full |
Other Noncurrent Liabilities
OtherNoncurrentLiabilities
|
231681000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Sensitivity Analysis For Actuarial Assumptions Explanatory
DisclosureOfSensitivityAnalysisForActuarialAssumptionsExplanatory
|
<table cellpadding="0" style="height: 65px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: top; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 14px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 14px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Discount rate </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4% - 7% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 14px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 14px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 14px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1% - 7% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 14px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Rate of compensation increase </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr></tbody></table><table cellpadding="0" style="border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 68px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="background-color: #cceeff; height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; width: 77%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Discount rate </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; text-align: right; width: 10%; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3% - 5% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10%; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Rate of compensation increase </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; text-align: right; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-indent: 0px; padding-left: 0px; padding-right: 0px; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">0% - 3% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr></tbody></table> | |
| CY2022Q4 | ts |
Overfunded Plan
OverfundedPlan
|
14600000 | usd |
| CY2021Q4 | ts |
Overfunded Plan
OverfundedPlan
|
9000000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Fair Value Of Plan Assets Explanatory
DisclosureOfFairValueOfPlanAssetsExplanatory
|
<div style="border-left: none; border-right: none;"><div id="t_ft_FBNFXLLVDS00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 170px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> At the beginning of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (160,504</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (157,335</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Translation differences </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,639</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (250</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Return on plan assets </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,319</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,793</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Remeasurements </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20,987</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (10,817</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Contributions paid to the plan </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (435</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,338</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Benefits paid from the plan </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">10,374</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">14,530</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">416</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">499</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At the end of the year </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (126,842</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (160,504</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr></tbody></table></div></div><p style="line-height: 1.2; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The major categories of plan assets as a percentage of total plan assets are as follows:</span></p><p style="margin: 0pt; line-height: 1.2;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="border-left: none; border-right: none;"><div id="t_ft_ZXNQQ8KXK000000000000000000000b"><table cellpadding="0" style="height: 85px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Equity instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">28.8% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">49.2% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Debt instruments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">67.2% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">46.7% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.0% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4.1% </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff;"/></tr></tbody></table></div></div> | |
| CY2022 | ifrs-full |
Estimate Of Contributions Expected To Be Paid To Plan
EstimateOfContributionsExpectedToBePaidToPlan
|
0 | usd |
| CY2022 | ifrs-full |
Disclosure Of Other Current Liabilities Explanatory
DisclosureOfOtherCurrentLiabilitiesExplanatory
|
<table cellpadding="0" style="height: 85px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 77%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payroll and social security payable </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">224,630</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 10%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">174,794</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; width: 1%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Miscellaneous </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">35,984</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">28,931</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">260,614</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">203,725</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; background-color: #cceeff; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"/></tr></tbody></table> | |
| CY2022Q4 | ts |
Current Employee Related Liabilities
CurrentEmployeeRelatedLiabilities
|
224630000 | usd |
| CY2021Q4 | ts |
Current Employee Related Liabilities
CurrentEmployeeRelatedLiabilities
|
174794000 | usd |
| CY2022Q4 | ts |
Other Current Miscellaneous Liabilities
OtherCurrentMiscellaneousLiabilities
|
35984000 | usd |
| CY2021Q4 | ts |
Other Current Miscellaneous Liabilities
OtherCurrentMiscellaneousLiabilities
|
28931000 | usd |
| CY2022Q4 | ifrs-full |
Other Current Liabilities
OtherCurrentLiabilities
|
260614000 | usd |
| CY2021Q4 | ifrs-full |
Other Current Liabilities
OtherCurrentLiabilities
|
203725000 | usd |
| CY2022 | ifrs-full |
Adjustments For Decrease Increase In Trade And Other Receivables
AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables
|
-1208278000 | usd |
| CY2021 | ifrs-full |
Adjustments For Decrease Increase In Trade And Other Receivables
AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables
|
-356069000 | usd |
| CY2020 | ifrs-full |
Adjustments For Decrease Increase In Trade And Other Receivables
AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables
|
414826000 | usd |
| CY2022 | ifrs-full |
Adjustments For Increase Decrease In Other Liabilities
AdjustmentsForIncreaseDecreaseInOtherLiabilities
|
57389000 | usd |
| CY2021 | ifrs-full |
Adjustments For Increase Decrease In Other Liabilities
AdjustmentsForIncreaseDecreaseInOtherLiabilities
|
4892000 | usd |
| CY2020 | ifrs-full |
Adjustments For Increase Decrease In Other Liabilities
AdjustmentsForIncreaseDecreaseInOtherLiabilities
|
-36000000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Derivative Financial Instruments Explanatory
DisclosureOfDerivativeFinancialInstrumentsExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="color: #003366;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-weight: bold;"><span style="border-left: none; border-right: none;">25</span></span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-weight: bold; margin-left: 30px;">Derivative financial instruments</span></span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 12pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; page-break-after: avoid; page-break-inside: avoid;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-style: italic; font-weight: bold;">Net fair values of derivative financial instruments</span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'Frutiger 45 Light'; font-size: 12pt; font-variant: small-caps;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">The net fair values of derivative financial instruments</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">, in accordance with </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">IFRS </span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">13</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">,</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">a</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt;">re:</span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 100%; height: 170px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 77%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Derivatives hedging borrowings and investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,480</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 10%; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2,472</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other derivatives </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">24,325</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,843</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Contracts with positive fair values </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">30,805</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">11,315</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Derivatives hedging borrowings and investments </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (147) </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other derivatives </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (11,181</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Contracts with negative fair values </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (7,127</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (11,328</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">23,678</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (13</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr></tbody></table><div/><p style="margin: 0px; text-indent: 0px;"><span style="font-size: 10pt; text-align: justify;"><br/></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><span style="font-style: italic; font-weight: bold; line-height: inherit;">Foreign e</span><span style="font-style: italic; font-weight: bold; line-height: inherit;">xchange </span><span style="font-style: italic; font-weight: bold; line-height: inherit;">and commodities </span><span style="font-style: italic; font-weight: bold; line-height: inherit;">derivative</span><span style="font-style: italic; font-weight: bold; line-height: inherit;"> contracts</span><span style="font-style: italic; font-weight: bold; line-height: inherit;"> and hedge accounting</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"><span style="letter-spacing: -0.1pt; line-height: inherit;">Te</span><span style="letter-spacing: -0.1pt; line-height: inherit;">naris applies hedge accounting </span><span style="letter-spacing: -0.1pt; line-height: inherit;">to certain cash flow hedges of highly probable forecast transactions. </span>The net fair values of exchange rate derivatives and those derivatives that were designated for hedge accounting as of December 31, 2022 and 2021 were as follows:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><br/></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 255px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 34px; width: 32.9882%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Purchase currency </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 34px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Sell currency </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 34px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Term </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 22.1894%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Fair Value </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 22.6332%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Hedge Accounting Reserve </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> MXN </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,571</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,444</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (67</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%; background-color: #cceeff;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (93</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> MXN </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (838</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> EUR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,866</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (7,670</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,786</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (7,430</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> EUR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20,783</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,092</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">23,935</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,258</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> JPY </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (269</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">557</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> BRL </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,490</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,030</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> KWD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (129</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> CAD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">404</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (246</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> GBP </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (11</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (55</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> CNY </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (242</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (130</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> BRL </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">223</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (238</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">63</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (40</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 32.9882%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">27,038</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">20</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">21,085</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,292</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 12pt; text-align: justify; margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 99.8349%; height: 136px;" width="100%"><tbody><tr style="height: 17px;"><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 34px; width: 42.963%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Purchase Commodity </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Term </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 21.9259%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Fair Value </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 21.9259%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Hedge Accounting Reserve </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 42.963%; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Houston Ship Channel Gas </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (814</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.48148%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (814</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 42.963%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> LME Scrap </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">29</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,148</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 42.963%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Iron Ore </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">12</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.48148%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,274</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 42.963%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Electric Energy </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (519</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (519</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 42.963%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TTF Gas </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,068</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.48148%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,207</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 42.963%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (3,360</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (33</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (7,963</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (33</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr></tbody></table></div><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid; text-align: justify;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-style: normal; line-height: inherit;">F</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-style: normal; line-height: inherit;">ollowing is a summary</span><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-style: normal; line-height: inherit;"> of the hedge reserve evolution:</span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid;"><span style="font-family: 'Frutiger 45 Light'; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid;"><span style="font-family: 'Frutiger 45 Light'; font-size: 9pt; font-style: normal; line-height: inherit;">(all amounts in thousands of U.S. dollars)</span></p><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><table cellpadding="0" style="height: 68px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px; margin-left: 0.1px;" width="100%"><tbody><tr style="height: 34px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 34px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Equity Reserve </span><br/><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Dec-2020</span></p></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Movements 2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Equity Reserve </span><br/><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Dec-2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Movements 2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><br/></td><td style="padding-left: 0px; padding-right: 0px; height: 34px; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Equity Reserve </span><br/><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">Dec-2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; margin: 0px; text-indent: 0px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 41%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Foreign Exchange & Commodities </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (4,771</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,030</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,259</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">11,863</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,122</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1%; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Total Cash flow Hedge </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (4,771</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">6,030</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,259</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">11,863</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">13,122</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table><p style="line-height: 1.2; margin: 0pt; break-after: avoid; break-inside: avoid;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: normal; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">Tenaris estimates that t</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">he cash flow he</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">dge reserve </span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">corresponding to derivatives instruments </span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">at </span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">December 31, 20</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">2</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">2</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> will be recycled to the Consolida</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">ted Income </span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">Statement </span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">during 202</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">3</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">.</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> For informa</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">tion on </span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">hedge accounting reserve,</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">see</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">s</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">ection III.D</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;"> to these Consolidated Financial Statements</span><span style="font-size: 10pt; letter-spacing: -0.1pt; line-height: inherit;">.</span></span></p> | |
| CY2022Q4 | ifrs-full |
Derivative Financial Assets
DerivativeFinancialAssets
|
30805000 | usd |
| CY2021Q4 | ifrs-full |
Derivative Financial Assets
DerivativeFinancialAssets
|
11315000 | usd |
| CY2022Q4 | ifrs-full |
Derivative Financial Liabilities
DerivativeFinancialLiabilities
|
7127000 | usd |
| CY2021Q4 | ifrs-full |
Derivative Financial Liabilities
DerivativeFinancialLiabilities
|
11328000 | usd |
| CY2022Q4 | ts |
Derivative Financial Assets Liabilities
DerivativeFinancialAssetsLiabilities
|
23678000 | usd |
| CY2021Q4 | ts |
Derivative Financial Assets Liabilities
DerivativeFinancialAssetsLiabilities
|
-13000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Detailed Information About Hedged Items Explanatory
DisclosureOfDetailedInformationAboutHedgedItemsExplanatory
|
<div style="border-left: none; border-right: none;"><table cellpadding="0" style="height: 255px; border-collapse: collapse; margin: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; text-indent: 0px;" width="100%"><tbody><tr style="height: 17px;"><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 34px; width: 32.9882%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Purchase currency </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 34px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Sell currency </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; height: 34px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Term </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 22.1894%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Fair Value </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 22.6332%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Hedge Accounting Reserve </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> MXN </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,571</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,444</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (67</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%; background-color: #cceeff;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; background-color: #cceeff;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (93</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; background-color: #cceeff;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> MXN </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (838</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> EUR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">1,866</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (7,670</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,786</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (7,430</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> EUR </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20,783</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,092</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">23,935</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,258</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> JPY </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (269</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">557</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> BRL </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,490</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,030</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> KWD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (129</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> CAD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">404</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (246</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> GBP </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (11</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (55</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> CNY </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (242</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (130</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; background-color: #cceeff; width: 32.9882%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> BRL </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USD </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">223</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (238</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; height: 17px; width: 32.9882%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Others </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: middle; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">63</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (40</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.47929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff; width: 32.9882%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">27,038</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">20</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">21,085</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.47929%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; height: 17px; margin: 0px; text-indent: 0px; background-color: #cceeff; width: 10.0592%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,292</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; background-color: #cceeff; width: 1.0355%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 12pt; text-align: justify; margin: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><div style="border-left: none; border-right: none;"><table cellpadding="0" style="border-collapse: collapse; margin: 0px 0px 0px 0.1px; font-family: 'times new roman'; font-size: 10pt; text-indent: 0px; width: 99.8349%; height: 136px;" width="100%"><tbody><tr style="height: 17px;"><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 34px; width: 42.963%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Purchase Commodity </span></p></td><td rowspan="2" style="padding-left: 0px; padding-right: 0px; margin: 0px; text-indent: 0px; height: 34px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Term </span></p></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 21.9259%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Fair Value </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td colspan="4" style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 21.9259%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Hedge Accounting Reserve </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: center; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 42.963%; background-color: #cceeff; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Houston Ship Channel Gas </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (814</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.48148%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (814</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 9.92593%; background-color: #cceeff; height: 17px;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (33</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; width: 1.03704%; background-color: #cceeff; height: 17px;">)</td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 42.963%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> LME Scrap </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">29</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (3,148</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 42.963%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Iron Ore </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">12</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.48148%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,274</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 42.963%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Electric Energy </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (519</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (519</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #cceeff; height: 17px; width: 42.963%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TTF Gas </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;">2023</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,068</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.48148%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,207</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;">)</td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; background-color: #cceeff; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 42.963%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (3,360</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (33</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.48148%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; padding-left: 0px; padding-right: 0px; text-indent: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (7,963</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 9.92593%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0px; text-align: right; text-indent: 0px; padding-left: 0px; padding-right: 0px;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (33</span></p></td><td style="padding-left: 0px; padding-right: 0px; vertical-align: bottom; margin: 0px; text-indent: 0px; height: 17px; width: 1.03704%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td></tr></tbody></table></div> | |
| CY2022 | ifrs-full |
Disclosure Of Commitments And Contingent Liabilities Explanatory
DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory
|
<p style="line-height: 1.2; margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; line-height: inherit; color: #003366;"><span style="font-size: 10pt; font-weight: bold; line-height: inherit;"><span style="border-left: none; border-right: none;">26</span></span><span style="font-size: 10pt; font-weight: bold; margin-left: 30px; line-height: inherit;">Contingencies,</span><span style="font-size: 10pt; font-weight: bold; line-height: inherit;"> commitments and restrictions </span><span style="font-size: 10pt; font-weight: bold; line-height: inherit;">o</span><span style="font-size: 10pt; font-weight: bold; line-height: inherit;">n</span><span style="font-size: 10pt; font-weight: bold; line-height: inherit;"> the distribution of profits</span></span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">(i)</span><span style="font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">Contingencies</span></span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Tenaris is from time to time subject to various claims, lawsuits and other legal proceedings, including customer, employee, tax and environmental-related claims, in which third parties are seeking payment for alleged damages, reimbursement for losses, or indemnity. Management with the assistance of legal counsel periodically reviews the status of each significant matter and assesses potential financial exposure. </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Some of these claims, lawsuits and other legal proceedings involve highly complex issues, and often these issues are subject to substantial uncertainties and, therefore, the probability of loss and an estimation of damages are difficult to ascertain. Accordingly, with respect to a large portion of such claims, lawsuits and other legal proceedings, the Company is unable to make a reliable estimate of the expected financial effect that will result from ultimate resolution of the proceeding. In those cases, the Company has not accrued a provision for the potential outcome of these cases.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">If a potential loss from a claim, lawsuit or other proceeding is considered probable and the amount can be reasonably estimated, a provision is recorded. Accruals for loss contingencies reflect a reasonable estimate of the losses to be incurred based on information available to management as of the date of preparation of the financial statements and take into consideration litigation and settlement strategies. In a limited number of ongoing cases, the Company was able to make a reliable estimate of the expected loss or range of probable loss and, depending on the likelihood of occurrence, in some of such cases has accrued a provision for such loss but believes that publication of this information on a case-by-case basis would seriously prejudice the Tenaris’s position in the ongoing legal proceedings or in any related settlement discussions. Accordingly, in these cases, the Company has disclosed information with respect to the nature of the contingency but has not disclosed its estimate of the range of potential loss.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">The Company believes that the aggregate provisions recorded for potential losses in these Consolidated Financial Statements</span><span style="font-size: 10pt; line-height: inherit;">are adequate based upon currently available information. However, if management’s estimates prove incorrect, current reserves could be inadequate and the Company could incur a charge to earnings which could have a material adverse effect on its results of operations, financial condition, net worth and cash flows. </span></span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Below is a </span><span style="font-size: 10pt; line-height: inherit;">summary description of Tenaris’s material legal proceedings which are outstanding as of the date of these Consolidated Financial Statements. In addition, the Company is subject to other legal proceedings, none of which is believed to be material.</span></span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; letter-spacing: -0.1pt; line-height: 12pt; margin: 0pt 0pt 0pt 23.78pt; orphans: 0; padding-left: 7.72pt; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">CSN claims relating to the January 2012 acquisition of Usiminas</span></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Confab, a Brazilian subsidiary of the Company, is one of the defendants in a lawsuit filed in Brazil by Companhia Siderúrgica Nacional (“CSN”) and various entities affiliated with CSN against Confab and several Ternium subsidiaries that acquired a participation in Usiminas’ control group in January 2012.</span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.35pt; text-align: justify; text-indent: -28.35pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The CSN lawsuit alleges that, under applicable Brazilian laws and rules, the acquirers were required to launch a tag-along tender offer to all non-controlling holders of Usiminas’ ordinary shares for a price per share equal to 80% of the price per share paid in such acquisition, or BRL28.8, and seeks an order to compel the acquirers to launch an offer at that price plus interest. If so ordered, the offer would need to be made to 182,609,851 ordinary shares of Usiminas not belonging to Usiminas’ control group, and Confab would have a 17.9% share in that offer.</span></p><p style="line-height: 1.2; margin: 0pt;"><br/></p><div style="line-height: 1.2;"><div style="border-left: none; border-right: none;"/></div><p style="text-align: justify; line-height: 12pt; vertical-align: baseline; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times;">On September 23, 2013, the first instance court dismissed the CSN lawsuit, and on February 8, 2017, the court of appeals maintained the understanding of the first instance court. On August 18, 2017, CSN filed an appeal to the Superior Court of Justice seeking the review and reversal of the decision issued by the Court of Appeals. On March 5, 2018, the court of appeals ruled that CSN’s appeal did not meet the requirements for submission to the Superior Court of Justice and rejected the appeal. On May 8, 2018, CSN appealed against such ruling and on January 22, 2019, the court of appeals rejected it and ordered that the case be submitted to the Superior Court of Justice. On September 10, 2019, the Superior Court of Justice declared CSN’s appeal admissible. On March 7, 2023, the Superior Court of Justice, by majority vote, rejected CSN’s appeal. Plaintiffs may still appeal against the Superior Court of Justice’s decision. At this time, the Company cannot predict whether CSN will appeal against the decision and, if appealed, the ultimate resolution of the matter. </span></p><p style="text-align: justify; line-height: 12pt; vertical-align: baseline; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-size: 10pt; font-family: 'times new roman', times;">The Company continues to believe that all of CSN’s claims and allegations are groundless and without merit, as confirmed by several opinions of Brazilian legal counsel, two decisions issued by the Brazilian securities regulator (“CVM”) in February 2012 and December 2016, the first and second instance court decisions and the March 2023 decision of the Superior Court of Justice referred to above.</span><br/></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; letter-spacing: -0.1pt; line-height: 12pt; list-style-position: inside; margin: 0pt 0pt 0pt 14.2pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">Veracel celulose accident litigation</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">On September 21, 2007, an accident occurred in the premises of Veracel Celulose S.A. (“Veracel”) in connection with a rupture in one of the tanks used in an evaporation system manufactured by Confab. The Veracel accident allegedly resulted in material damages to Veracel. Itaú Seguros S.A. (“Itaú”), Veracel’s insurer at the time of the Veracel accident and then replaced by Chubb Seguros Brasil S/A (“Chubb”), initiated a lawsuit against Confab seeking reimbursement of damages paid to Veracel in connection with the Veracel accident. Veracel initiated a second lawsuit against Confab seeking reimbursement of the amount paid as insurance deductible with respect to the Veracel accident and other amounts not covered by insurance. Itaú and Veracel claimed that the Veracel accident was caused by failures and defects attributable to the evaporation system manufactured by Confab. Confab believes that the Veracel accident was caused by the improper handling by Veracel’s personnel of the equipment supplied by Confab in violation of Confab’s instructions. The two lawsuits were consolidated and are considered by the 6th Civil Court of São Caetano do Sul. However, each lawsuit will be adjudicated separately.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">On September 28, 2018, Confab and Chubb entered into a settlement agreement pursuant to which on October 9, 2018, Confab paid an amount of approximately $3.5 million to Chubb, without assuming any liability for the accident or the claim.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">On October 10, 2018, Confab was notified that the court had issued rulings for both lawsuits. Both decisions were unfavorable to Confab:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 30.88pt; orphans: 0; padding-left: 0.62pt; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">With respect to Chubb’s claim, the court subsequently homologated the above-mentioned settlement and, accordingly, the claim was finalized.</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 9pt; line-height: 12pt; margin: 0pt 0pt 0pt 30.42pt; orphans: 0; padding-left: 1.08pt; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">With respect to Veracel’s claim, Confab was ordered to pay the insurance deductible and other concepts not covered by insurance, currently estimated to amount to BRL</span><span style="border-left: none; border-right: none;"><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">91.9</span></span></span><span style="font-size: 10pt; line-height: inherit;"> million (approximately $</span><span style="border-left: none; border-right: none;"><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">17.4</span></span></span><span style="font-size: 10pt; line-height: inherit;"> million) including interest, fees and expenses. Both parties filed motions for clarification against the court’s decision, which were partially granted. Although the contract between Confab and Veracel expressly provided that Confab would not be liable for damages arising from lost profits, the court award would appear to include BRL</span><span style="border-left: none; border-right: none;"><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">78.8</span></span></span><span style="font-size: 10pt; line-height: inherit;"> million (approximately $</span><span style="font-size: 10pt; line-height: inherit;">15.10</span><span style="font-size: 10pt; line-height: inherit;"> million) of damages arising therefrom. Confab has additional defense arguments in respect of a claim for lost profits. On December 18, 2018, Confab filed an appeal against the first instance court decision, and on April 30, 2019, Veracel filed its response to the appeal. In June 2022, the court resolved that it lacked jurisdiction to decide on the appeal</span><span style="font-size: 10pt; line-height: inherit;">, which was </span><span style="font-size: 10pt; line-height: inherit;">re-allocat</span><span style="font-size: 10pt; line-height: inherit;">ed</span><span style="font-size: 10pt; line-height: inherit;"> to another court. </span><span style="font-size: 10pt; line-height: inherit;">The parties are currently waiting for the trial of the appeal to be scheduled. </span><span style="font-size: 10pt; line-height: inherit;">At this stage the Company cannot predict the outcome of the claim or the amount or range of loss in case of an unfavorable outcome.</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div style="line-height: 1.2;"><div style="border-left: none; border-right: none;"/></div><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; letter-spacing: -0.1pt; line-height: 12pt; list-style-position: inside; margin: 0pt 0pt 0pt 43.42pt; orphans: 0; text-align: justify; text-indent: -21.8pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">Petrobras-related proceedings and claims</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">The Company is aware that Brazilian, Italian and Swiss authorities investigated whether certain payments were made prior to 2014 from accounts of entities presumably associated with affiliates of the Company to accounts allegedly linked to individuals related to Petróleo Brasileiro S.A. (“Petrobras”) and whether any such payments were intended to benefit the Company’s Brazilian subsidiary Confab.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Upon learning of the investigation, the Audit Committee of the Company's Board of Directors engaged external counsel in connection with the Company’s review of these matters. In addition, the Company voluntarily notified the U.S. Securities and Exchange Commission (“SEC”) and the U.S. Department of Justice (“DOJ”) in October 2016. The Company conducted, with the assistance of external counsel, an internal investigation and found no evidence corroborating any involvement by the Company or its directors, officers or employees in respect of improper payments. An internal investigation commissioned by Petrobras also found no evidence that Confab obtained any unfair commercial benefit or advantage from Petrobras in return for payments, including improperly obtained contracts. On June 2, 2022, the Company resolved the investigation by the SEC, and the DOJ informed that it had closed its parallel inquiry without taking action. Under the settlement with the SEC, the Company neither admits nor denies the SEC’s findings and on June 24, 2022, paid $53.1 million in disgorgement and prejudgment interest and $25 million for a civil penalty to conclude the matter.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">In July 2019, the Company learned that the public prosecutors’ office of Milan, Italy, had completed a preliminary investigation into the same alleged payments and had included in the investigation, among other persons, the Company’s Chairman and Chief Executive Officer, two other board members, Gianfelice Rocca and Roberto Bonatti, and the Company’s controlling shareholder, San Faustin. The Company is not a party to the proceedings. On March 22, 2022, upon completion of the evidentiary phase of the trial, the acting prosecutor requested the first-instance court in Milan in charge of the case to impose sanctions on the Company's Chairman and Chief Executive Officer, on the other two board members, and on San Faustin. The Company’s outside counsel in Italy advised the Company that neither the case file nor the prosecutor’s request contain or identify any evidence of involvement in, or knowledge of, the alleged wrongdoing by any of the three directors. On May 26, 2022, the first-instance court dismissed the case brought by the public prosecutor against the defendants for lack of jurisdiction and stated that the criminal proceeding should not have been initiated. On October 7, 2022, the public prosecutor filed an appeal against the first-instance court’s decision. </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">In June 2020, the Brazilian public prosecutors’ office requested the indictment of several individuals, including three executives or former executives of Confab and a former agent of Confab, charging them with the alleged crimes of corruption in relation to contracts executed between 2007 and 2010, and money laundering in relation to payments between 2009 and 2013. These criminal proceedings are underway. Neither the Company nor Confab is a party to these criminal proceedings.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">In addition, Petrobras and the Brazilian public prosecutors filed civil claims for damages against, among others, Confab and the Confab executives named in the criminal proceedings referred to above. Confab became aware of these civil claims in September 2022. As of </span><span style="font-size: 10pt; line-height: inherit;">December 31</span><span style="font-size: 10pt; line-height: inherit;">, 2022, the aggregate amount of these claims was estimated at BRL</span><span style="font-size: 10pt; line-height: inherit;">284.2</span><span style="font-size: 10pt; line-height: inherit;"> million (or approximately $</span><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">54.5</span></span><span style="font-size: 10pt; line-height: inherit;"> million). The plaintiffs also seek that Confab be prohibited from contracting with, or receiving benefits or exemptions from, the Brazilian state for an unspecified term. Confab believes these claims do not address either the defense arguments or the evidence available to the plaintiffs in Brazil and presented in other jurisdictions and is vigorously contesting them. At this stage, the Company cannot predict the outcome of these civil proceedings. </span></span></p><p style="line-height: 1.2; margin: 0pt;"><br/></p><div style="line-height: 1.2;"><div style="border-left: none; border-right: none;"/></div><p style="line-height: 1.2; margin: 0pt;"><br/></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; letter-spacing: -0.1pt; line-height: 12pt; list-style-position: inside; margin: 0pt 0pt 0pt 14.2pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">Putative class actions</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit; font-size: 10pt;"><span style="line-height: inherit;">Following the Company’s November 27, 2018, announcement that its Chairman and CEO Paolo Rocca had been included in an Argentine court investigation known as the Notebooks Case (a decision subsequently reversed by a higher court), two putative class action complaints were filed in the U.S. District Court for the Eastern District of New York. On April 29, 2019, the court consolidated the complaints into a single case, captioned “In re Tenaris S.A. Securities Litigation”, and appointed lead plaintiffs and lead counsel. On July 19, 2019, the lead plaintiffs filed an amended complaint purportedly on behalf of purchasers of Tenaris securities during the putative class period of May 1, 2014, through December 5, 2018. The individual defendants named in the complaint are Tenaris’s Chairman and CEO and Tenaris’s former CFO. The complaint alleges that during the class period, the Company and the individual defendants inflated the Tenaris share price by failing to disclose that the nationalization proceeds received by Ternium (in which the Company held an 11.46% stake) when Sidor was expropriated by Venezuela were received or expedited as a result of allegedly improper payments made to Argentine officials. The complaint does not specify the damages that plaintiff is seeking. On October 9, 2020, the court granted in part and denied in part the defendants’ motions to dismiss. The court partially granted and partially denied the motion to dismiss the claims against the Company and its Chairman and CEO. In addition, the court granted the motions to dismiss as to all claims against San Faustin, Techint, and Tenaris’s former CFO. On November 11, 2022, the parties filed a joint notice of settlement announcing a settlement in principle of all claims in the action, subject to finalizing the settlement agreements and court approval.</span><span style="line-height: inherit;"> </span><span style="line-height: inherit;">The parties’ agreement in principle provides that, in exchange for dismissal of the action and customary releases from class members and with no admission of liability by Tenaris or Mr. Rocca, Tenaris will pay to the class $9.5 million (inclusive of legal fees to lead plaintiff’s counsel). </span></span><span style="font-size: 10.0pt; font-family: 'Frutiger 45 Light','sans-serif'; mso-ansi-language: EN-GB; mso-no-proof: yes;">On March 10, 2023, the lead plaintiffs filed a motion for preliminary approval of the class settlement.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; letter-spacing: -0.1pt; line-height: 12pt; list-style-position: inside; margin: 0pt; orphans: 0; text-align: justify; text-indent: 14.2pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">Administrative proceeding concerning Brazilian tax credits</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 9pt; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Confab is a party to an administrative proceeding concerning the recognition and transfer of tax credits for an amount allegedly exceeding the amount that Confab would have been entitled to recognize and / or transfer. The proceeding resulted in the imposition of a fine against Confab representing approximately 75% of the allegedly undue credits, which was appealed by Confab. On January 21, 2019, Confab was notified of an administrative decision denying Confab’s appeal, thereby upholding the tax determination and the fine against Confab. On January 28, 2019, Confab challenged such administrative decision and is currently awaiting a resolution. In case of an unfavorable resolution, Confab may appeal before the courts. The estimated amount of this claim is BRL</span><span style="font-size: 10pt; line-height: inherit;">59.2</span><span style="font-size: 10pt; line-height: inherit;"> million (approximately $</span><span style="font-size: 10pt; line-height: inherit;">11.3</span><span style="font-size: 10pt; line-height: inherit;"> million). At this stage, the Company cannot predict the outcome of this claim.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; letter-spacing: -0.1pt; line-height: 12pt; list-style-position: inside; margin: 0pt; orphans: 0; text-align: justify; text-indent: 14.2pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; letter-spacing: -0.1pt; line-height: inherit;">U.S. patent infringement litigation</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="text-align: justify; line-height: 12pt; vertical-align: baseline; margin: 0in 0in 0.0001pt; font-size: 12pt; font-family: 'Times New Roman', 'serif';"><span style="font-size: 10pt; font-family: 'times new roman', times;">Tenaris Coiled Tubes, LLC (“TCT”), a U.S. subsidiary of the Company, was sued in 2017 by its competitor Global Tubing, alleging defamatory conduct by TCT and seeking a declaration that certain Global Tubing products do not infringe patents held by TCT. TCT counterclaimed that certain Global Tubing products did infringe patents held by TCT, and Global Tubing has since sought to invalidate such patents. On December 13, 2019, Global Tubing filed an amended complaint (including the Company as defendant), alleging, among other things, that TCT and the Company had misled the patent office. On March 20, 2023, the judge granted summary judgment in favor of Global Tubing, concluding that the patents at issue are unenforceable due to inequitable conduct during the patent prosecution process. TCT and the Company are analyzing whether to appeal this judgment. Although it is not possible to predict the final outcome of this matter, the Company believes that any potential losses arising from this case will not be material.</span><span/></p><p style="line-height: 1.2; margin: 0pt;"><br/></p><div style="line-height: 1.2;"><div style="border-left: none; border-right: none;"/></div><ul style="margin: 0pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 23.78pt; orphans: 0; padding-left: 11.67pt; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; line-height: inherit;">U.S. Antidumping Duty and Countervailing Duty Investigations</span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">On October 27, 2021, the U.S. Department of Commerce (“DOC”) announced the initiation of antidumping duty investigations of oil country tubular goods (“OCTG”) from Argentina, Mexico, and Russia and countervailing duty investigations of OCTG from Russia and South Korea. The investigations were initiated on the basis of a petition by U.S. Steel Tubular Products, Inc., a small number of other U.S. domestic welded OCTG producers, and a steelworkers’ union. On November 22, 2021, the International Trade Commission (“ITC”) made a preliminary determination of injury, allowing the investigations to proceed. Subsequently, the DOC issued affirmative preliminary and final antidumping determinations with respect to imports from Argentina, Mexico and Russia, and final affirmative countervailing duty determinations with respect to imports from Russia and from some Korean exporters. On October 27, 2022, the ITC determined that the imports under investigation caused injury to the U.S. OCTG industry, bringing the investigation phase to a conclusion. </span><span style="font-size: 10pt; line-height: inherit;">Tenaris and other parties have appealed the agency determinations from the investigation to the Court of International Trade. </span><span style="font-size: 10pt; line-height: inherit;">As a result of the investigation, and unless overturned on appeal, Tenaris is required to pay antidumping duty deposits (at a rate of 78.30% for imports from Argentina and 44.93% for imports from Mexico) until such time the imports are reviewed by the DOC to determine whether final duties are necessary for the specific period under review. Tenaris has been paying such deposits since May 11, 2022, reflecting the amount of such deposits in its costs. The deposit rates may be reset periodically based on the results of the review process. It is possible that, through the periodic review process, the deposits may be either returned to Tenaris in whole o</span><span style="font-size: 10pt; line-height: inherit;">r in part, or may be increased.</span></span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 28.05pt; text-align: justify; text-indent: -28.05pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt; text-align: justify; text-indent: -36pt;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;">(ii)</span><span style="font-style: normal; font-variant: normal; font-weight: normal; font-stretch: normal; font-size: 7pt; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;">Commitments and guarantees</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 12pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">Set forth is a description of the Tenaris’s main outstanding commitments:</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt 0pt 0pt 5pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 7.1pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Certain subsidiaries of the Company entered into a contract with Praxair S.A. for the service of oxygen and nitrogen supply. As of </span><span style="font-size: 10pt; line-height: inherit;">Dec</span><span style="font-size: 10pt; line-height: inherit;">ember 3</span><span style="font-size: 10pt; line-height: inherit;">1</span><span style="font-size: 10pt; line-height: inherit;">, 2022, the aggregate amount to take or pay the committed volumes for an original 14-year term totaled approximately $</span><span style="font-size: 10pt; line-height: inherit;">36.4</span> <span style="font-size: 10pt; line-height: inherit;">million.</span></span></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 9pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt 0pt 0pt 5pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 7.1pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">A subsidiary of the Company entered into a 25-year contract (effective as of December 1, 2016, through December 1, 2041) with Techgen for the supply of 197 MW (which represents 22% of Techgen’s capacity). Monthly payments are determined on the basis of capacity charges, operation costs, back-up power charges, and transmission charges. As of the seventh contract year (as long as Techgen’s existing or replacing bank facility has been repaid in full), the Company’s subsidiary has the right to suspend or early terminate the contract if the rate payable under the agreement is higher than the rate charged by the </span><span style="font-size: 10pt; font-style: italic; line-height: inherit;">Comisión Federal de Electricidad</span><span style="font-size: 10pt; line-height: inherit;"> (“CFE”) or its successors. The Company’s subsidiary may instruct Techgen to sell to any affiliate, to CFE, or to any other third party all or any part of unused contracted energy under the agreement and the Company’s subsidiary will benefit from the proceeds of such sale. </span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt 0pt 0pt 5pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 7.1pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">A U.S. subsidiary of the Company is a party to a contract with Nucor Steel Memphis Inc. under which it is committed to purchase on a monthly basis a specified minimum volume of steel bars, at prices subject to quarterly adjustments. The contract became effective upon delivery of the first purchase order, which occurred in April 2021, and will remain in force for a 3-year term. As of </span><span style="font-size: 10pt; line-height: inherit;">Dec</span><span style="font-size: 10pt; line-height: inherit;">ember 3</span><span style="font-size: 10pt; line-height: inherit;">1</span><span style="font-size: 10pt; line-height: inherit;">, 2022, the estimated aggregate contract amount calculated at current prices, is </span><span style="font-size: 10pt; line-height: inherit;">approximately $</span><span style="font-size: 10pt; line-height: inherit;">85.8</span><span style="font-size: 10pt; line-height: inherit;"> million. The contract gives the subsidiary of the Company the right to temporarily reduce the quantities to be purchased thereunder to 75% of the agreed-upon minimum volume in cases of material adverse changes in prevailing economic or market conditions.</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt 0pt 0pt 5pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 7.1pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">In connection with the closing of the acquisition of IPSCO, a U.S. subsidiary of the Company entered into a 6-year master distribution agreement (the “MDA”) with PAO TMK (“TMK”) whereby, since January 2, 2020, Tenaris is the exclusive distributor of TMK’s OCTG and line pipe products in United States and Canada. At the end of the MDA’s 6-year term, TMK will have the option to extend the duration of its term for an additional 12-month period. Under the MDA, the Company is required to purchase specified minimum volumes of TMK-manufactured OCTG and line pipe products, based on the aggregate market demand for the relevant product category in the United States in the relevant year. In February 2022, however, the Company and TMK agreed that there shall be no minimum yearly purchase requirement for the OCTG product category for the year ending December 31, 2022, and there shall be no minimum yearly purchase requirement for TMK line pipe products under the MDA neither for the contract year ending December 31, 2022, nor for any subsequent contract year unti</span><span style="font-size: 10pt; line-height: inherit;">l expiration of the MDA’s term.</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><div><div style="border-left: none; border-right: none;"/></div><ul style="margin: 0pt 0pt 0pt 5pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 7.1pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">A subsidiary of the Company entered into a contract with the supplier Voestalpine Grobblech GmbH from which it committed to purchase carbon steel for a </span><span style="font-size: 10pt; line-height: inherit;">remaining</span><span style="font-size: 10pt; line-height: inherit;"> amount of approximately $</span><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">30.2</span></span><span style="font-size: 10pt; line-height: inherit;"> million to use for manufacturing pipes related to the NFXP-QatarGas project.</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 12pt; line-height: inherit;"> </span></p><ul style="margin: 0pt 0pt 0pt 5pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 7.1pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Certain subsidiaries of the Company entered into agreements with Vestas Group for the supply of materials and services related to the construction of a wind farm in Argentina. As of </span><span style="font-size: 10pt; line-height: inherit;">Dec</span><span style="font-size: 10pt; line-height: inherit;">ember 3</span><span style="font-size: 10pt; line-height: inherit;">1</span><span style="font-size: 10pt; line-height: inherit;">, 2022, the remaining amount related to this commitment was $</span><span style="font-size: 10pt; line-height: inherit;">47.7</span><span style="font-size: 10pt; line-height: inherit;"> million.</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt 0pt 0pt 5pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 7.1pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Certain subsidiaries of the Company entered into a <span style="-sec-ix-hidden:Tag3205"><span style="border-left: none; border-right: none;">one</span>-year</span> contract, renewable for <span style="-sec-ix-hidden:Tag3206">one</span> additional year, with Ternium USA, Inc., under which they are committed to purchase on a monthly basis specified minimum volumes of steel coils. The contract is effective since March 2022, with deliveries beginning in July 2022 until June 2023. As of </span><span style="font-size: 10pt; line-height: inherit;">Dec</span><span style="font-size: 10pt; line-height: inherit;">ember 3</span><span style="font-size: 10pt; line-height: inherit;">1</span><span style="font-size: 10pt; line-height: inherit;">, 2022, the aggregate commitment totaled approximately $</span><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">6.3</span></span><span style="font-size: 10pt; line-height: inherit;"> million.</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt 0pt 0pt 5pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 7.1pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">Certain subsidiaries of the Company entered into a contract with Usiminas from which they committed to purchase steel coils for a total amount of </span><span style="font-size: 10pt; line-height: inherit;">approximately $</span><span style="font-size: 10pt; line-height: inherit;"><span style="border-left: none; border-right: none;">183.6</span></span><span style="font-size: 10pt; line-height: inherit;"> million to use for manufacturing welded pipes for the construction of the Presidente Nestor Kirchner Gas Pipeline (“GPNK”) in Argentina.</span></span></li></ul><p style="line-height: 1.2; margin: 0pt 0pt 0pt 36pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><ul style="margin: 0pt 0pt 0pt 5pt; padding-left: 0pt; list-style-type: square;"><li style="font-family: Wingdings; font-size: 10pt; line-height: 12pt; margin: 0pt 0pt 0pt 7.1pt; orphans: 0; text-align: justify; text-indent: 0pt; widows: 0;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">A subsidiary of the Company entered into a contract with the supplier JFE Steel Corporation </span><span style="font-size: 10pt; line-height: inherit;">for the purchase </span><span style="font-size: 10pt; line-height: inherit;">tubular material, including 13 Chrome alloy products </span><span style="font-size: 10pt; line-height: inherit;">following the closure of NKK</span><span style="font-size: 10pt; line-height: inherit;">Tubes.</span><span style="font-size: 10pt; line-height: inherit;"> For more information see n</span><span style="font-size: 10pt; line-height: inherit;">ote </span><span style="font-size: 10pt; line-height: inherit;">35</span><span style="font-size: 10pt; line-height: inherit;">“</span><span style="font-size: 10pt; line-height: inherit;">Other Information </span><span style="font-size: 10pt; line-height: inherit;">–</span><span style="font-size: 10pt; font-style: italic; line-height: inherit;">A</span><span style="font-size: 10pt; font-style: italic; line-height: inherit;">greement to terminate NKKTubes joint venture</span><span style="font-size: 10pt; font-style: italic; line-height: inherit;">”</span><span style="font-size: 10pt; font-style: italic; line-height: inherit;">.</span></span></li></ul><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">In addition, Tenaris (i) applied for stand-by letters of credit as well as corporate guarantees covering certain obligations of Techgen as described i</span><span style="font-size: 10pt; line-height: inherit;">n note 13 (c)</span><span style="font-size: 10pt; line-height: inherit;">, (ii) issued corporate guarantees securing certain obligations of GPC, as described in note 13 (d) and (iii) issued performance guarantees mainly related to long</span><span style="font-size: 10pt; line-height: inherit;">-</span><span style="font-size: 10pt; line-height: inherit;">term commercial contracts with several customers and parent companies for approximately $</span><span style="font-size: 10pt; line-height: inherit;">3.6</span><span style="font-size: 10pt; line-height: inherit;"> billion as of December 31, 202</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 12pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;">(iii)</span><span style="font-size: 10pt; font-style: italic; font-weight: bold; line-height: inherit;"> </span><span style="font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;">Restrictions </span><span style="font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;">on</span><span style="font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;"> the distribution of profits and payment of dividends </span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: -0.1pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">In accordance with Luxembourg Law, the Company is required to transfer a minimum of 5% of its net profit for each financial year to a legal reserve until such reserve equals 10% of the issued share capital.</span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; line-height: inherit;"><span style="font-size: 10pt; line-height: inherit;">As of December 31, 202</span><span style="font-size: 10pt; line-height: inherit;">2</span><span style="font-size: 10pt; line-height: inherit;">, this reserve is fully allocated and additional allocations to the reserve are not required under Luxembourg law. Dividends may not be paid out of the legal reserve.</span></span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;"> </span></p><p style="line-height: 1.2; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; line-height: inherit;">The Company may pay dividends to the extent, among other conditions, that it has distributable retained earnings calculated in accordance with Luxembourg law and regulations.</span></p> | |
| CY2022Q4 | ts |
Performance Guarantees Issued
PerformanceGuaranteesIssued
|
3600000000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Cash Flow Statement Explanatory
DisclosureOfCashFlowStatementExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt;"><span style="font-family: "times new roman", times; font-size: 10pt; color: rgb(0, 51, 102);"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">29</span></span><span style="font-weight: bold; margin-left: 30px;">Cash flow disclosures</span></span></p><p style="line-height: 11pt; margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><br/></p><div id="t_ft_IA54ID5RCG00000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin-left: 0pt; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 325px;" width="100%"><tbody><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="7" style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; background-color: #ffffff; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2020</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 19px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 19px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (i) </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 19px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Changes in working capital </span><span style="font-weight: bold; vertical-align: super; font-size: 8pt;">(*)</span></span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 19px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 19px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 19px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 19px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 19px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 19px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 19px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 19px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 19px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Inventories </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,329,865</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,085,024</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">818,913</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Receivables and prepayments and current tax assets </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (155,449</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (79,912</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">67,610</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade receivables </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,208,278</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (356,069</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">414,826</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Other liabilities </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">57,389</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,892</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (36,000</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Customer advances </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">151,066</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">44,661</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (29,253</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Trade payables </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">353,892</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">399,988</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (180,807</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (2,131,245</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (1,071,464</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,055,289</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (ii) </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Income tax accruals less payments </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 6%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 61%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax accrued </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 10%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">617,236</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 0.5%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 0.5%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 10%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">189,448</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 0.5%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 0.5%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 10%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">23,150</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 0.5%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 0.5%; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Taxes paid </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (359,585</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (153,846</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (140,364</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">257,651</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">35,602</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (117,214</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (iii) </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Interest accruals less payments, net </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest accrued </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (34,080</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (14,371</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">8,627</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest received </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">68,335</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">24,567</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">19,613</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Interest paid </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (32,775</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (21,559</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (28,778</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">1,480</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (11,363</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (538</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-top-width: 1px; border-top-style: solid; border-bottom-width: 1px; border-bottom-style: solid; border-top-color: #000000 !important; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td></tr></tbody></table></div><p style="line-height: 10pt; margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 9pt;"> </span></p><p style="line-height: 10pt; margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 9pt;"><span style="vertical-align: super;">(*) </span><span><span style="border-right: none; border-left: none;">Changes in working capital do not include non-cash movements due to the variations in the exchange rates used by subsidiaries with functional currencies different from the U.S. dollar.</span></span></span></p> | |
| CY2022 | ifrs-full |
Adjustments For Decrease Increase In Inventories
AdjustmentsForDecreaseIncreaseInInventories
|
-1329865000 | usd |
| CY2021 | ifrs-full |
Adjustments For Decrease Increase In Inventories
AdjustmentsForDecreaseIncreaseInInventories
|
-1085024000 | usd |
| CY2020 | ifrs-full |
Adjustments For Decrease Increase In Inventories
AdjustmentsForDecreaseIncreaseInInventories
|
818913000 | usd |
| CY2021 | ifrs-full |
Adjustments For Decrease Increase In Loans And Advances To Customers
AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers
|
44661000 | usd |
| CY2020 | ifrs-full |
Adjustments For Decrease Increase In Loans And Advances To Customers
AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers
|
-29253000 | usd |
| CY2022 | ifrs-full |
Adjustments For Increase Decrease In Trade And Other Payables
AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables
|
353892000 | usd |
| CY2021 | ifrs-full |
Adjustments For Increase Decrease In Trade And Other Payables
AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables
|
399988000 | usd |
| CY2020 | ifrs-full |
Adjustments For Increase Decrease In Trade And Other Payables
AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables
|
-180807000 | usd |
| CY2022 | ifrs-full |
Increase Decrease In Working Capital
IncreaseDecreaseInWorkingCapital
|
2131245000 | usd |
| CY2021 | ifrs-full |
Increase Decrease In Working Capital
IncreaseDecreaseInWorkingCapital
|
1071464000 | usd |
| CY2020 | ifrs-full |
Increase Decrease In Working Capital
IncreaseDecreaseInWorkingCapital
|
-1055289000 | usd |
| CY2022 | ts |
Income Taxes Accrued
IncomeTaxesAccrued
|
617236000 | usd |
| CY2021 | ts |
Income Taxes Accrued
IncomeTaxesAccrued
|
189448000 | usd |
| CY2020 | ts |
Income Taxes Accrued
IncomeTaxesAccrued
|
23150000 | usd |
| CY2022 | ifrs-full |
Income Taxes Paid Refund Classified As Operating Activities
IncomeTaxesPaidRefundClassifiedAsOperatingActivities
|
359585000 | usd |
| CY2021 | ifrs-full |
Income Taxes Paid Refund Classified As Operating Activities
IncomeTaxesPaidRefundClassifiedAsOperatingActivities
|
153846000 | usd |
| CY2020 | ifrs-full |
Income Taxes Paid Refund Classified As Operating Activities
IncomeTaxesPaidRefundClassifiedAsOperatingActivities
|
140364000 | usd |
| CY2022 | ifrs-full |
Adjustments For Income Tax Expense
AdjustmentsForIncomeTaxExpense
|
257651000 | usd |
| CY2021 | ifrs-full |
Adjustments For Income Tax Expense
AdjustmentsForIncomeTaxExpense
|
35602000 | usd |
| CY2020 | ifrs-full |
Adjustments For Income Tax Expense
AdjustmentsForIncomeTaxExpense
|
-117214000 | usd |
| CY2022 | ts |
Interest Accrued
InterestAccrued
|
34080000 | usd |
| CY2021 | ts |
Interest Accrued
InterestAccrued
|
14371000 | usd |
| CY2020 | ts |
Interest Accrued
InterestAccrued
|
-8627000 | usd |
| CY2022 | ifrs-full |
Adjustments For Interest Income
AdjustmentsForInterestIncome
|
68335000 | usd |
| CY2021 | ifrs-full |
Adjustments For Interest Income
AdjustmentsForInterestIncome
|
24567000 | usd |
| CY2020 | ifrs-full |
Adjustments For Interest Income
AdjustmentsForInterestIncome
|
19613000 | usd |
| CY2022 | ifrs-full |
Interest Paid Classified As Operating Activities
InterestPaidClassifiedAsOperatingActivities
|
32775000 | usd |
| CY2021 | ifrs-full |
Interest Paid Classified As Operating Activities
InterestPaidClassifiedAsOperatingActivities
|
21559000 | usd |
| CY2020 | ifrs-full |
Interest Paid Classified As Operating Activities
InterestPaidClassifiedAsOperatingActivities
|
28778000 | usd |
| CY2022 | ifrs-full |
Adjustments For Finance Income Cost
AdjustmentsForFinanceIncomeCost
|
-1480000 | usd |
| CY2021 | ifrs-full |
Adjustments For Finance Income Cost
AdjustmentsForFinanceIncomeCost
|
11363000 | usd |
| CY2020 | ifrs-full |
Adjustments For Finance Income Cost
AdjustmentsForFinanceIncomeCost
|
538000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Related Party Explanatory
DisclosureOfRelatedPartyExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #003366;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">30</span></span><span style="font-weight: bold; margin-left: 30px;">Related party transactions</span></span></p><p style="line-height: 12pt; margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">As of December 31, 2022:</span></p><p style="line-height: 12pt; margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><br/></p><div id="t_ft_NZOC5X6TN400000000000000000000b"><table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; height: 82px; font-family: 'times new roman'; font-size: 10pt;"><tbody><tr style="height: 24px;"><td style="width: 3%; height: 24px; text-align: left; padding: 0px; vertical-align: top;" valign="top"><span style="font-size: 8pt;">■</span></td><td style="width: 97%; height: 24px;"><p><span style="font-family: 'times new roman', times; font-size: 10pt;">San Faustin owned 713,605,187 shares in the Company, representing 60.45% of the Company’s capital and voting rights.</span></p></td></tr><tr style="height: 24px;"><td style="height: 24px; text-align: left; padding: 0px; vertical-align: top;" valign="top"><span style="font-size: 8pt;">■</span></td><td style="height: 24px;"><p><span style="font-family: 'times new roman', times; font-size: 10pt;"> San Faustin owned all of its shares in the Company through its wholly-owned subsidiary Techint Holdings S.àr.l., a Luxembourg société à responsabilité limitée (“Techint”), who is the holder of record of the above-mentioned Tenaris shares. </span></p></td></tr><tr style="height: 17px;"><td style="height: 17px; text-align: left; padding: 0px; vertical-align: top;" valign="top"><span style="font-size: 8pt;">■</span></td><td style="height: 17px;"><p><span style="font-family: 'times new roman', times; font-size: 10pt;"> Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin, a private foundation located in the Netherlands (Stichting) (“RP STAK”) held voting shares in San Faustin sufficient in number to control San Faustin. </span></p></td></tr><tr style="height: 17px;"><td style="height: 17px; text-align: left; padding: 0px; vertical-align: top;" valign="top"><span style="font-size: 8pt;">■</span></td><td style="height: 17px;"><span style="font-family: 'times new roman', times; font-size: 13.3333px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: -27.6667px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">No person or group of persons controls RP STAK.</span></td></tr></tbody></table></div><p style="line-height: 12pt; margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Based on the information most recently available to the Company, Tenaris’s directors and senior management as a group owned 0.07% of the Company’s outstanding shares.</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><br/></p><div><div id="t_ft_486O6RN0Y800000000000000000000b"/></div><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Transactions and balances disclosed as with “non-consolidated parties” are those with companies over which Tenaris exerts significant influence or joint control in accordance with IFRS, but does not have control. All other transactions and balances with related parties which are not non-consolidated parties and which are not consolidated are disclosed as “Other”. The following transactions were carried out with related parties:</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><div id="t_ft_IWTPTYPKWW00000000000000000000b"><table cellpadding="0" style="height: 238px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 17px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="5" style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (i) </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Transactions </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #ffffff; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2020</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (a) Sales of goods and services </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sales of goods to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100,019</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">71,879</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20,183</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sales of goods to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">151,884</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">76,467</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">18,243</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sales of services to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,407</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,161</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,829</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sales of services to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">109,123</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">49,268</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,049</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">366,433</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">201,775</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">49,304</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (b) Purchases of goods and services </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 6%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 62.5%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Purchases of goods to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">656,877</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 0.5%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">294,929</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 0.5%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">84,485</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 0.5%; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Purchases of goods to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">51,040</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">32,453</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">12,892</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Purchases of services to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,759</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,763</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,979</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Purchases of services to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">36,767</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,806</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">18,133</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">758,443</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">350,951</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">122,489</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><div id="t_ft_T893XNVSR400000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 204px;" width="100%"><tbody><tr style="height: 17px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 22.2017%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At December 31, </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (ii) </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Period-end balances </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (a) Arising from sales / purchases of goods / services </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; margin-left: 0.1px; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Receivables from non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">69,135</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">66,896</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Receivables from other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">78,370</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">33,122</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payables to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (142,228</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (45,092</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payables to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (13,283</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,125</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (8,006</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">52,801</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (b) Financial debt </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Finance lease liabilities from non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,650</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,936</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Finance lease liabilities from other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (483</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (624</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (2,133</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (2,560</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 11pt; margin: 0pt; orphans: 0; text-align: justify; widows: 0;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In addition to the tables above, the Company issued various guarantees in favor of Techgen and GPC; for further details, please see note 13 (c and d) and note 26 (ii) to these Consolidated Financial Statements. No other material guarantees were issued in favor of other related parties. </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold;">Directors</span><span style="font-style: italic; font-weight: bold;"> and senior management compensation</span></span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">During the years ended December 31, 2022, 2021 and 2020, the cash compensation of Directors and Senior managers amounted to $35.2 million, $37.7 million and $27.4 million respectively. These amounts include cash benefits paid to certain senior managers in connection with the pre-existing retirement plans. In addition, Directors and Senior managers received 437, 382 and 522 thousand units for a total amount of $5.1 million, $3.9 million and $5 million respectively in connection with the Employee retention and long-term incentive program mentioned in note II.P.3 “Employee benefits – <span style="font-style: italic;">Other long</span><span style="font-style: italic;">-</span><span style="font-style: italic;">term benefits</span><span style="font-style: italic;">”</span> to these Consolidated Financial Statements.</span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Transactions Between Related Parties Explanatory
DisclosureOfTransactionsBetweenRelatedPartiesExplanatory
|
<div id="t_ft_IWTPTYPKWW00000000000000000000b"><table cellpadding="0" style="height: 238px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 17px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="5" style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (i) </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Transactions </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #ffffff; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2020</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (a) Sales of goods and services </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sales of goods to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100,019</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">71,879</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">20,183</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sales of goods to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">151,884</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">76,467</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">18,243</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sales of services to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,407</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">4,161</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,829</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Sales of services to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">109,123</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">49,268</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5,049</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">366,433</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">201,775</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">49,304</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (b) Purchases of goods and services </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 6%;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 62.5%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Purchases of goods to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">656,877</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 0.5%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">294,929</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 0.5%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 10%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">84,485</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 0.5%; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Purchases of goods to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">51,040</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">32,453</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">12,892</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Purchases of services to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,759</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">9,763</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">6,979</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Purchases of services to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">36,767</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">13,806</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">18,133</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">758,443</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">350,951</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">122,489</span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><div id="t_ft_T893XNVSR400000000000000000000b"><table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%; height: 204px;" width="100%"><tbody><tr style="height: 17px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="4" style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 22.2017%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> At December 31, </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (ii) </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Period-end balances </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (a) Arising from sales / purchases of goods / services </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; margin-left: 0.1px; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Receivables from non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">69,135</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">66,896</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Receivables from other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">78,370</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">33,122</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payables to non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (142,228</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (45,092</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Payables to other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (13,283</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (2,125</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (8,006</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">52,801</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (b) Financial debt </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Finance lease liabilities from non-consolidated parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,650</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (1,936</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;">)</td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 5.82794%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Finance lease liabilities from other related parties </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (483</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> (624</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;">)</td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 5.82794%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 68.9177%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (2,133</span></p></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; margin-left: 0.1px; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; width: 9.71323%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> (2,560</span></p></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><span style="font-weight: bold;">)</span></td><td style="padding: 0px; vertical-align: bottom; width: 1.3876%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table></div> | |
| CY2022 | ts |
Revenue Related Party Transactions
RevenueRelatedPartyTransactions
|
366433000 | usd |
| CY2021 | ts |
Revenue Related Party Transactions
RevenueRelatedPartyTransactions
|
201775000 | usd |
| CY2020 | ts |
Revenue Related Party Transactions
RevenueRelatedPartyTransactions
|
49304000 | usd |
| CY2022 | ts |
Purchases Of Goods And Services Related Party Transactions
PurchasesOfGoodsAndServicesRelatedPartyTransactions
|
758443000 | usd |
| CY2021 | ts |
Purchases Of Goods And Services Related Party Transactions
PurchasesOfGoodsAndServicesRelatedPartyTransactions
|
350951000 | usd |
| CY2020 | ts |
Purchases Of Goods And Services Related Party Transactions
PurchasesOfGoodsAndServicesRelatedPartyTransactions
|
122489000 | usd |
| CY2022Q4 | ts |
Amounts Receivable Payable Related Party Transactions
AmountsReceivablePayableRelatedPartyTransactions
|
-8006000 | usd |
| CY2021Q4 | ts |
Amounts Receivable Payable Related Party Transactions
AmountsReceivablePayableRelatedPartyTransactions
|
52801000 | usd |
| CY2022Q4 | ts |
Finance Lease Liabilities From Nonconsolidated Parties
FinanceLeaseLiabilitiesFromNonconsolidatedParties
|
-1650000 | usd |
| CY2021Q4 | ts |
Finance Lease Liabilities From Nonconsolidated Parties
FinanceLeaseLiabilitiesFromNonconsolidatedParties
|
-1936000 | usd |
| CY2022Q4 | ts |
Finance Lease Liabilities From Other Related Nonconsolidated Parties
FinanceLeaseLiabilitiesFromOtherRelatedNonconsolidatedParties
|
-483000 | usd |
| CY2021Q4 | ts |
Finance Lease Liabilities From Other Related Nonconsolidated Parties
FinanceLeaseLiabilitiesFromOtherRelatedNonconsolidatedParties
|
-624000 | usd |
| CY2022Q4 | ts |
Financial Debt Related Parties
FinancialDebtRelatedParties
|
-2133000 | usd |
| CY2021Q4 | ts |
Financial Debt Related Parties
FinancialDebtRelatedParties
|
-2560000 | usd |
| CY2022 | ifrs-full |
Key Management Personnel Compensation Shortterm Employee Benefits
KeyManagementPersonnelCompensationShorttermEmployeeBenefits
|
35200000 | usd |
| CY2021 | ifrs-full |
Key Management Personnel Compensation Shortterm Employee Benefits
KeyManagementPersonnelCompensationShorttermEmployeeBenefits
|
37700000 | usd |
| CY2020 | ifrs-full |
Key Management Personnel Compensation Shortterm Employee Benefits
KeyManagementPersonnelCompensationShorttermEmployeeBenefits
|
27400000 | usd |
| CY2022 | ifrs-full |
Key Management Personnel Compensation Sharebased Payment
KeyManagementPersonnelCompensationSharebasedPayment
|
5100000 | usd |
| CY2021 | ifrs-full |
Key Management Personnel Compensation Sharebased Payment
KeyManagementPersonnelCompensationSharebasedPayment
|
3900000 | usd |
| CY2020 | ifrs-full |
Key Management Personnel Compensation Sharebased Payment
KeyManagementPersonnelCompensationSharebasedPayment
|
5000000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Additional Information Explanatory
DisclosureOfAdditionalInformationExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #003366;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">31</span></span><span style="font-weight: bold; margin-left: 30px;">Princ</span><span style="font-weight: bold;">ipal a</span><span style="font-weight: bold;">ccountant</span><span style="font-weight: bold;"> </span><span style="font-weight: bold;">f</span><span style="font-weight: bold;">ees</span></span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Total fees accrued for professional services rendered by PwC Network firms to Tenaris S.A. and its subsidiaries are detailed as follows:</span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><table cellpadding="0" style="height: 122px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 20px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 20px; width: 64.8036%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="5" style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 20px; width: 31.4955%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 20px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 64.8036%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #ffffff; margin-left: 0.1px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2020</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Audit fees </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,966</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 17px; width: 1.13293%; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,804</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,781</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Audit-related fees </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">255</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 17px; width: 1.13293%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">220</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">134</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax fees </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; width: 1.13293%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 1.13293%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">102</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 1.13293%; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> All other fees </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">11</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">4,232</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 17px; width: 1.13293%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">4,029</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">4,017</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022 | ifrs-full |
Disclosure Of Auditors Remuneration Explanatory
DisclosureOfAuditorsRemunerationExplanatory
|
<table cellpadding="0" style="height: 122px; border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; width: 100%;" width="100%"><tbody><tr style="height: 20px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 20px; width: 64.8036%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p></td><td colspan="5" style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 20px; width: 31.4955%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Year ended December 31, </span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 20px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 64.8036%;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; background-color: #ffffff; margin-left: 0.1px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; background-color: #ffffff; margin-left: 0.1px; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2020</span></p></td><td style="background-color: #ffffff; padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Audit fees </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,966</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 17px; width: 1.13293%; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,804</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">3,781</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Audit-related fees </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">255</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 17px; width: 1.13293%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">220</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">134</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Tax fees </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; width: 1.13293%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 1.13293%; height: 17px; background-color: #cceeff;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">102</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; width: 1.13293%; height: 17px; background-color: #cceeff;"><br/></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> All other fees </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">11</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;">5</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> - </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: top; height: 17px; width: 64.8036%; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Total </span></p></td><td style="padding: 0px; vertical-align: bottom; height: 17px; margin-left: 0.1px; width: 9.7432%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">4,232</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; margin-left: 0.1px; height: 17px; width: 1.13293%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">4,029</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td><td style="padding: 0px; vertical-align: bottom; height: 17px; width: 9.7432%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: right;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">4,017</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: bottom; height: 17px; width: 1.13293%; background-color: #cceeff; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><br/></td></tr></tbody></table> | |
| CY2022 | ifrs-full |
Auditors Remuneration For Audit Services
AuditorsRemunerationForAuditServices
|
3966000 | usd |
| CY2021 | ifrs-full |
Auditors Remuneration For Audit Services
AuditorsRemunerationForAuditServices
|
3804000 | usd |
| CY2020 | ifrs-full |
Auditors Remuneration For Audit Services
AuditorsRemunerationForAuditServices
|
3781000 | usd |
| CY2022 | ts |
Auditors Remuneration For Auditrelated Fees
AuditorsRemunerationForAuditrelatedFees
|
255000 | usd |
| CY2021 | ts |
Auditors Remuneration For Auditrelated Fees
AuditorsRemunerationForAuditrelatedFees
|
220000 | usd |
| CY2020 | ts |
Auditors Remuneration For Auditrelated Fees
AuditorsRemunerationForAuditrelatedFees
|
134000 | usd |
| CY2022 | ifrs-full |
Auditors Remuneration For Tax Services
AuditorsRemunerationForTaxServices
|
usd | |
| CY2021 | ifrs-full |
Auditors Remuneration For Tax Services
AuditorsRemunerationForTaxServices
|
usd | |
| CY2020 | ifrs-full |
Auditors Remuneration For Tax Services
AuditorsRemunerationForTaxServices
|
102000 | usd |
| CY2022 | ifrs-full |
Auditors Remuneration For Other Services
AuditorsRemunerationForOtherServices
|
11000 | usd |
| CY2021 | ifrs-full |
Auditors Remuneration For Other Services
AuditorsRemunerationForOtherServices
|
5000 | usd |
| CY2020 | ifrs-full |
Auditors Remuneration For Other Services
AuditorsRemunerationForOtherServices
|
usd | |
| CY2022 | ifrs-full |
Auditors Remuneration
AuditorsRemuneration
|
4232000 | usd |
| CY2021 | ifrs-full |
Auditors Remuneration
AuditorsRemuneration
|
4029000 | usd |
| CY2020 | ifrs-full |
Auditors Remuneration
AuditorsRemuneration
|
4017000 | usd |
| CY2022 | ifrs-full |
Disclosure Of Interests In Subsidiaries Explanatory
DisclosureOfInterestsInSubsidiariesExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-indent: -21.3pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; color: #003366;"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">32</span></span><span style="font-weight: bold; margin-left: 30px;">Principal subsidiaries</span></span></p><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">The following is a list of Tenaris’s principal subsidiaries and its direct and indirect percentage of ownership of each controlled company at December 31, 2022.</span></p><p style="line-height: 9pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><div style="border-right: none; border-left: none;"><div style="border-left: none; border-right: none;"><table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; background-color: #ffffff; width: 100%; height: 442px;" width="100%"><tbody><tr style="height: 17px;"><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; width: 33.36%; height: 34px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Company </span></p></td><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; width: 12.5%; height: 34px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Country of Incorporation </span></p></td><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; width: 27.84%; height: 34px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Main activity </span></p></td><td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; width: 26.32%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Percentage of ownership at December 31, <sup>(*)</sup></span></span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; background-color: #ffffff; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2020</span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ALGOMA TUBES INC. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Canada </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> CONFAB INDUSTRIAL S.A. and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brazil </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded steel pipes and capital goods </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DALMINE S.p.A. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Italy </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> HYDRIL COMPANY and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacture and marketing of premium connections </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPSCO TUBULARS INC. and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> MAVERICK TUBE CORPORATION and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> P.T. SEAMLESS PIPE INDONESIA JAYA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Indonesia </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">89% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">89% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">89% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> S.C. SILCOTUB S.A. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Romania </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SAUDI STEEL PIPE CO. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Saudi Arabia </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">48% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">48% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">48% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SIAT SOCIEDAD ANONIMA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Argentina </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SIDERCA SOCIEDAD ANONIMA INDUSTRIAL Y COMERCIAL and subsidiaries (a) </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Argentina </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TALTA - TRADING E MARKETING SOCIEDADE UNIPESSOAL LDA. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Portugal </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding Company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS BAY CITY, INC. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS CONNECTIONS BV </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Netherlands </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Development, management and licensing of intellectual property </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS FINANCIAL SERVICES S.A. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Uruguay </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS GLOBAL SERVICES (CANADA) INC. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Canada </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Marketing of steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS GLOBAL SERVICES (U.S.A.) CORPORATION </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Marketing of steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS GLOBAL SERVICES (UK) LTD </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> United Kingdom </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding company and marketing of steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS GLOBAL SERVICES S.A. and subsidiaries (except detailed) (b) </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Uruguay </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding company, marketing and distribution of steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS INVESTMENTS (NL) B.V. and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Netherlands </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS INVESTMENTS S.àr.l. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Luxembourg </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS QINGDAO STEEL PIPES LTD. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> China </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Processing of premium joints, couplings and automotive components </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS TUBOCARIBE LTDA. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Colombia </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TUBOS DE ACERO DE MEXICO, S.A. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Mexico </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr></tbody></table></div></div><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><br/></p><div style="border-left: none; border-right: none;"><table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 51px;"><tbody><tr style="height: 17px;"><td style="width: 3%; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;" valign="top"><span style="font-family: 'times new roman', times; font-size: 9pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*)</span></td><td style="width: 97%; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;" valign="top"><span><span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">All percentages rounded.</span></span></td></tr><tr style="height: 17px;"><td style="vertical-align: top; width: 3%; height: 17px;" valign="top"><span style="font-family: 'times new roman', times; font-size: 9pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(a)</span></td><td style="vertical-align: top; width: 97%; height: 17px;" valign="top"><span>Tenaris<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> holds 51% of </span>NKKTubes<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">.</span></span></td></tr><tr style="height: 17px;"><td style="vertical-align: top; width: 3%; height: 17px;" valign="top"><span style="font-family: 'times new roman', times; font-size: 9pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(b)</span></td><td style="vertical-align: top; width: 97%; height: 17px;" valign="top"><span>Tenaris<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> holds 98.4% of </span>Tenaris<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> Supply Chain S.A. and 40% of Tubular Technical Services Ltd. and Pipe Coaters Nigeria Ltd., 49% of </span>Amaja<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> Tubular Services Limited and 60% of </span>Tenaris<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> </span>Baogang<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> </span>Baotou<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> Steel Pipes Ltd, and until 2021 held 49% of Tubular Services Angola Lda.</span></span></td></tr></tbody></table></div> | |
| CY2022 | ifrs-full |
Disclosure Of Significant Investments In Subsidiaries Explanatory
DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory
|
<div style="border-right: none; border-left: none;"><div style="border-left: none; border-right: none;"><table cellpadding="0" style="border-collapse: collapse; margin-left: 0px; font-family: 'times new roman'; font-size: 10pt; background-color: #ffffff; width: 100%; height: 442px;" width="100%"><tbody><tr style="height: 17px;"><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; width: 33.36%; height: 34px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Company </span></p></td><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; width: 12.5%; height: 34px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Country of Incorporation </span></p></td><td rowspan="2" style="padding-left: 5.4pt; padding-right: 5.4pt; width: 27.84%; height: 34px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;"> Main activity </span></p></td><td colspan="3" style="padding-left: 5.4pt; padding-right: 5.4pt; height: 17px; width: 26.32%; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important; vertical-align: bottom;" valign="bottom"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-weight: bold;">Percentage of ownership at December 31, <sup>(*)</sup></span></span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; background-color: #ffffff; margin-left: 0.1px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2022</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2021</span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: #000000 !important;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold;">2020</span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> ALGOMA TUBES INC. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Canada </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> CONFAB INDUSTRIAL S.A. and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Brazil </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded steel pipes and capital goods </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> DALMINE S.p.A. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Italy </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> HYDRIL COMPANY and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacture and marketing of premium connections </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> IPSCO TUBULARS INC. and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> MAVERICK TUBE CORPORATION and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> P.T. SEAMLESS PIPE INDONESIA JAYA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Indonesia </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">89% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">89% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">89% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> S.C. SILCOTUB S.A. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Romania </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SAUDI STEEL PIPE CO. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Saudi Arabia </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">48% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">48% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">48% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SIAT SOCIEDAD ANONIMA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Argentina </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> SIDERCA SOCIEDAD ANONIMA INDUSTRIAL Y COMERCIAL and subsidiaries (a) </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Argentina </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TALTA - TRADING E MARKETING SOCIEDADE UNIPESSOAL LDA. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Portugal </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding Company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS BAY CITY, INC. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS CONNECTIONS BV </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Netherlands </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Development, management and licensing of intellectual property </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS FINANCIAL SERVICES S.A. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Uruguay </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Financial company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS GLOBAL SERVICES (CANADA) INC. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Canada </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Marketing of steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS GLOBAL SERVICES (U.S.A.) CORPORATION </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> USA </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Marketing of steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS GLOBAL SERVICES (UK) LTD </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> United Kingdom </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding company and marketing of steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS GLOBAL SERVICES S.A. and subsidiaries (except detailed) (b) </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Uruguay </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding company, marketing and distribution of steel products </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS INVESTMENTS (NL) B.V. and subsidiaries </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Netherlands </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS INVESTMENTS S.àr.l. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Luxembourg </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Holding company </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS QINGDAO STEEL PIPES LTD. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> China </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Processing of premium joints, couplings and automotive components </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px; background-color: #cceeff;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TENARIS TUBOCARIBE LTDA. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Colombia </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of welded and seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px; background-color: #cceeff;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr><tr style="height: 17px;"><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 33.36%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> TUBOS DE ACERO DE MEXICO, S.A. </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 12.5%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Mexico </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 27.84%; height: 17px;"><p style="margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> Manufacturing of seamless steel pipes </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.76%; height: 17px; margin-left: 0.1px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td><td style="padding-left: 5.4pt; padding-right: 5.4pt; vertical-align: middle; width: 8.78%; height: 17px;"><p style="margin: 0pt; text-align: center;"><span style="font-family: 'times new roman', times; font-size: 10pt;">100% </span></p></td></tr></tbody></table></div></div><p style="line-height: 10pt; margin: 0pt; text-align: justify;"><br/></p><div style="border-left: none; border-right: none;"><table style="width: 100%; margin-left: 0.1px; border-collapse: collapse; font-family: 'times new roman'; font-size: 10pt; height: 51px;"><tbody><tr style="height: 17px;"><td style="width: 3%; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;" valign="top"><span style="font-family: 'times new roman', times; font-size: 9pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(*)</span></td><td style="width: 97%; vertical-align: top; height: 17px; border-top-width: 1px; border-top-style: solid; border-top-color: #000000 !important;" valign="top"><span><span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">All percentages rounded.</span></span></td></tr><tr style="height: 17px;"><td style="vertical-align: top; width: 3%; height: 17px;" valign="top"><span style="font-family: 'times new roman', times; font-size: 9pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(a)</span></td><td style="vertical-align: top; width: 97%; height: 17px;" valign="top"><span>Tenaris<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> holds 51% of </span>NKKTubes<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">.</span></span></td></tr><tr style="height: 17px;"><td style="vertical-align: top; width: 3%; height: 17px;" valign="top"><span style="font-family: 'times new roman', times; font-size: 9pt; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;">(b)</span></td><td style="vertical-align: top; width: 97%; height: 17px;" valign="top"><span>Tenaris<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> holds 98.4% of </span>Tenaris<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> Supply Chain S.A. and 40% of Tubular Technical Services Ltd. and Pipe Coaters Nigeria Ltd., 49% of </span>Amaja<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> Tubular Services Limited and 60% of </span>Tenaris<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> </span>Baogang<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> </span>Baotou<span style="font-family: 'times new roman', times; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: justify; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; float: none; display: inline !important;"> Steel Pipes Ltd, and until 2021 held 49% of Tubular Services Angola Lda.</span></span></td></tr></tbody></table></div> | |
| CY2022 | ifrs-full |
Disclosure Of Business Combinations Explanatory
DisclosureOfBusinessCombinationsExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt;"><span style="font-family: "times new roman", times; font-size: 10pt; color: rgb(0, 51, 102);"><span style="font-weight: bold; letter-spacing: -0.1pt;"><span style="border-left: none; border-right: none;">33</span></span><span style="font-weight: bold; letter-spacing: -0.1pt; margin-left: 30px;">Business combinations</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-weight: bold; letter-spacing: -0.1pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"><span style="font-style: italic; font-weight: bold; letter-spacing: -0.1pt;">Acquisition of </span><span style="font-style: italic; font-weight: bold; letter-spacing: -0.1pt;">Parques Eólicos de la Buena Ventura S.A</span><span style="font-style: italic; font-weight: bold; letter-spacing: -0.1pt;">.</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">In connection with the construction of a wind farm in Argentina, in April 2022, Tenaris acquired 100% of the shares of Parques Eólicos de la Buena Ventura S.A. for a price of $4.1 million, which was fully paid. The fair value of the acquired assets and liabilities amounted to $4.1 million, the same value of the consideration paid. Accordingly, no goodwill was recognized.</span></p><p style="line-height: 12pt; margin: 0px; text-align: justify; text-indent: 0px;"><br/><span style="font-family: 'times new roman', times; font-size: 10pt;">Had the acquisition occurred on January 1, 2022, Tenaris’s unaudited pro forma net sales and net income from continuing operations would not have changed materially.</span></p> | |
| CY2022 | ifrs-full |
Disclosure Of Events After Reporting Period Explanatory
DisclosureOfEventsAfterReportingPeriodExplanatory
|
<p style="line-height: 12pt; margin: 0pt 0pt 0pt 21.3pt; text-align: justify; text-indent: -21.3pt;"><span style="font-family: "times new roman", times; font-size: 10pt; color: rgb(0, 51, 102);"><span style="font-weight: bold;"><span style="border-left: none; border-right: none;">38</span></span><span style="font-weight: bold; margin: 0pt 0pt 0pt 21.3pt; line-height: 12pt; text-align: justify; text-indent: -21.3pt;">E<span style="font-weight: bold; font-family: 'times new roman', times; font-size: 10pt;">vents after the reporting perio</span>d</span></span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt;"><span style="font-family: 'times new roman', times; font-size: 10pt; font-style: italic; font-weight: bold; letter-spacing: -0.1pt;">Annual Dividend Proposal</span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;"> </span></p><p style="line-height: 12pt; margin: 0pt; text-align: justify;"><span style="font-family: 'times new roman', times; font-size: 10pt;">Upon approval of the Company´s annual accounts in March 2023, the Board of Directors intends to propose, for the approval of the Annual General Shareholders' meeting to be held on May 3, 2023, the payment of an annual dividend of $0.51 per share ($1.02 per ADS), or approximately $602 million, which includes the interim dividend of $0.17 per share ($0.34 per ADS) or approximately $201 million, paid on November 23, 2022. If the annual dividend is approved by the shareholders, a dividend of $0.34 per share ($0.68 per ADS), or approximately $401 million will be paid on May 24, 2023, with an ex-dividend date of May 22, 2023. These Consolidated Financial Statements do not reflect this dividend payable.</span></p> | |
| CY2022Q4 | ifrs-full |
Dividends Paid Ordinary Shares Per Share
DividendsPaidOrdinarySharesPerShare
|
0.17 | |
| CY2022Q4 | ts |
Dividends Paid Per American Depositary Security
DividendsPaidPerAmericanDepositarySecurity
|
0.34 | |
| CY2022Q4 | ifrs-full |
Dividends Paid
DividendsPaid
|
201000000 | usd |
