Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
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Statement of cash flow<br />
80. <strong>Tenaris</strong>Confab<br />
OPERATIONAL ACTIVITIES<br />
NET PROFIT FOR YEAR<br />
EXPENSES (REVENUES) NOT AFFECTING CASH AND EQUIVALENTS<br />
Depreciation and amortization<br />
Monetary / exchange variation<br />
Amortization of deferrals<br />
Residual value of written off permanent assets<br />
Results in subsidiaries and associates<br />
Deferred income tax and social contribution<br />
Provision for investment losses<br />
Amortization of goodwill in investments<br />
Variation in minority shareholdings<br />
Exchange variation of investments in overseas subsidiary<br />
Contingency provision<br />
REDUCTION (INCREASE) IN ASSETS<br />
Accounts receivable<br />
Credits from associates<br />
Inventories<br />
Expenses brought forward<br />
Taxes recoverable<br />
Others<br />
INCREASE (DECREASE) IN LIABILITIES<br />
Suppliers<br />
Customer advances<br />
Taxes and contributions payable<br />
Salaries and charges<br />
PAES – special regime<br />
Disbursement for contingencies provision<br />
Disbursement for income tax and social contribution<br />
Others<br />
Cash generation from (use of cash in) operational activities<br />
<strong>2005</strong><br />
277,013<br />
25,140<br />
(575)<br />
–<br />
673<br />
(18,322)<br />
3,539<br />
325<br />
182<br />
–<br />
–<br />
23,389<br />
311,364<br />
57,181<br />
(24,645)<br />
126,402<br />
(236)<br />
63,063<br />
1,001<br />
222,766<br />
(45,075)<br />
(54,575)<br />
55,968<br />
791<br />
(938)<br />
(1,707)<br />
(8,778)<br />
(4,056)<br />
(58,370)<br />
475,760<br />
Parent company Consolidated<br />
2004<br />
17,519<br />
23,798<br />
(7,226)<br />
7,794<br />
12,517<br />
12,144<br />
389<br />
–<br />
198<br />
–<br />
–<br />
6,078<br />
73,211<br />
(34,067)<br />
71,410<br />
(177,695)<br />
1,630<br />
(80,483)<br />
4,845<br />
(214,360)<br />
38,181<br />
78,482<br />
6,131<br />
659<br />
782<br />
(3,512)<br />
–<br />
5,624<br />
126,347<br />
(14,802)<br />
<strong>2005</strong><br />
277,013<br />
29,076<br />
2,386<br />
462<br />
687<br />
(777)<br />
3,423<br />
393<br />
182<br />
7,700<br />
(2,395)<br />
23,837<br />
341,987<br />
48,373<br />
(9,045)<br />
99,244<br />
(2,343)<br />
59,351<br />
(446)<br />
195,134<br />
(28,093)<br />
(92,116)<br />
64,155<br />
1,067<br />
(1,121)<br />
(1,985)<br />
(14,626)<br />
(3,615)<br />
(76,334)<br />
460,787<br />
2004<br />
17,519<br />
26,504<br />
(1,690)<br />
7,995<br />
12,523<br />
6,146<br />
3,563<br />
–<br />
198<br />
4,665<br />
(1,988)<br />
6,879<br />
82,314<br />
33,254<br />
(241)<br />
(163,528)<br />
2,183<br />
(81,712)<br />
4,751<br />
(205,293)<br />
11,312<br />
82,060<br />
6,540<br />
690<br />
664<br />
(3,798)<br />
(2,922)<br />
(852)<br />
93,694<br />
(29,285)
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