Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
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7. Investments in subsidiaries and associated companies<br />
MOVEMENT<br />
Balances on December 31, 2003<br />
New investments<br />
Amortization of goodwill<br />
Dividends received and receivable<br />
Results in related companies<br />
Balances on December 31, 2004<br />
Amortization of goodwill<br />
Dividends received and receivable<br />
Results in related companies<br />
Balances on December 31, <strong>2005</strong> (Parent company)<br />
Eliminations<br />
Balances on December 31, <strong>2005</strong> (Consolidated )<br />
(I) Examined by our independent auditors<br />
(II) Reviewed by our independent auditors<br />
(III)Examined by other independent auditors<br />
Confab<br />
Montagens<br />
Ltda.<br />
8,238<br />
–<br />
(198)<br />
–<br />
(4,849)<br />
3,191<br />
(182)<br />
–<br />
5,921<br />
8,930<br />
(8,930)<br />
–<br />
Confab<br />
Revestimentos<br />
Ltda.<br />
(5)<br />
–<br />
–<br />
–<br />
–<br />
(5)<br />
–<br />
–<br />
–<br />
(5)<br />
5<br />
–<br />
Socotherm<br />
Brasil<br />
S.A.<br />
(II) (II) (III)<br />
10,121<br />
–<br />
–<br />
(1,039)<br />
1,065<br />
10,147<br />
–<br />
(1,331)<br />
11,075<br />
19,891<br />
(19,891)<br />
–<br />
<strong>Tenaris</strong>Confab<br />
Hastes de<br />
Bombeio S.A.<br />
–<br />
(I)<br />
1,505<br />
–<br />
–<br />
(406)<br />
1,099<br />
–<br />
–<br />
(1,616)<br />
(517)<br />
–<br />
(517)<br />
Confab<br />
Trading LLC<br />
24,558<br />
–<br />
–<br />
–<br />
(4,210)<br />
20,348<br />
–<br />
–<br />
(1,856)<br />
18,492<br />
(18,492)<br />
–<br />
(II)<br />
Siat S.A.<br />
51,145<br />
–<br />
–<br />
–<br />
(3,744)<br />
47,401<br />
–<br />
–<br />
4,798<br />
52,199<br />
–<br />
52,199<br />
(I)<br />
Total<br />
94,057<br />
1,505<br />
(198)<br />
(1,039)<br />
(12,144)<br />
82,181<br />
(182)<br />
(1,331)<br />
18,322<br />
98,990<br />
(47,308)<br />
51,682<br />
61. Financial Statements <strong>2005</strong>
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