Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
64. <strong>Tenaris</strong>Confab<br />
In 1991, the stockholders approved the revaluation of property,<br />
plant and equipment based on appraisals by specialized<br />
companies. The position of the revalued assets on December<br />
31, <strong>2005</strong> is as follows:<br />
Land<br />
Buildings<br />
Machinery and equipment<br />
Vehicles<br />
The construction in progress refers basically to expenditure<br />
on the expansion and modernization of the Pindamonhangaba<br />
plant.<br />
9. Suppliers<br />
SUPPLIERS<br />
Local<br />
Overseas<br />
<strong>Annual</strong><br />
depreciation<br />
rate – %<br />
–<br />
4<br />
4<br />
–<br />
<strong>2005</strong><br />
46,772<br />
37,344<br />
84,116<br />
Restated<br />
cost<br />
1,331<br />
15,009<br />
11,817<br />
428<br />
28,585<br />
2004<br />
79,084<br />
50,107<br />
Accumulated<br />
depreciation<br />
–<br />
(9,966)<br />
(9,733)<br />
(428)<br />
(20,127)<br />
<strong>2005</strong><br />
Net<br />
value<br />
1,331<br />
5,043<br />
2,084<br />
–<br />
8,458<br />
Parent company Consolidated<br />
129,191<br />
<strong>2005</strong><br />
61,583<br />
9,426<br />
71,009<br />
2004<br />
68,033<br />
31,069<br />
99,102<br />
2004<br />
Net<br />
value<br />
1,331<br />
5,731<br />
2,437<br />
6<br />
9,505
Change language