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Annual Report 2005 - Tenaris

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Explanatory notes<br />

58. <strong>Tenaris</strong>Confab<br />

3. Financial investments<br />

LOCAL CURRENCY<br />

Time deposits<br />

FOREIGN CURRENCY<br />

Time deposits<br />

Trust<br />

4. Accounts receivable<br />

CUSTOMERS<br />

Domestic (*)<br />

Overseas (*)<br />

EXPORT CONTRACT ADVANCES<br />

OTHER RECEIVABLES – NET (*)<br />

(*)<br />

The amounts for domestic and overseas customers and other receivables are stated net of<br />

provisions for doubtful receivables, fines and other deductions in the amount of R$ 9,274<br />

(R$ 8,357 on December 31, 2004) in the parent company and R$ 12,446 (R$ 11,931 on<br />

December 31, 2004) in the consolidated statements.<br />

<strong>2005</strong><br />

42,254<br />

209,271<br />

–<br />

209,271<br />

251,525<br />

<strong>2005</strong><br />

107,338<br />

8,327<br />

–<br />

14,205<br />

129,870<br />

Parent company Consolidated<br />

2004<br />

–<br />

37,166<br />

–<br />

37,166<br />

37,166<br />

2004<br />

138,803<br />

54,666<br />

(26,385)<br />

19,967<br />

187,051<br />

<strong>2005</strong><br />

42,254<br />

211,336<br />

–<br />

211,336<br />

253,590<br />

<strong>2005</strong><br />

107,813<br />

15,554<br />

–<br />

16,125<br />

139,492<br />

2004<br />

–<br />

50,757<br />

54,283<br />

105,040<br />

105,040<br />

Parent company Consolidated<br />

2004<br />

124,598<br />

39,478<br />

–<br />

23,789<br />

187,865

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