Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
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5. Inventories<br />
Finished products<br />
Products in progress<br />
Raw material<br />
Sundry material<br />
Advances to suppliers<br />
Imports in progress<br />
Provisions for obsolescence / market<br />
The reduction in the level of products in stock is related to<br />
the Company's strategy to adjust stock levels for the needs<br />
projected for the first months of 2006.<br />
<strong>2005</strong><br />
120,628<br />
729<br />
67,544<br />
20,548<br />
14,359<br />
9,950<br />
(4,115)<br />
229,643<br />
Parent company Consolidated<br />
2004<br />
228,004<br />
263<br />
103,643<br />
11,489<br />
13,163<br />
1,799<br />
(2,316)<br />
356,045<br />
<strong>2005</strong><br />
128,020<br />
2,616<br />
85,844<br />
22,155<br />
16,278<br />
10,507<br />
(4,115)<br />
261,305<br />
2004<br />
229,876<br />
263<br />
109,069<br />
12,643<br />
9,120<br />
2,274<br />
(2,696)<br />
360,549<br />
59. Financial Statements <strong>2005</strong>
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