Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
Annual Report 2005 - Tenaris
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INVESTMENT ACTIVITIES<br />
Dividends received from subsidiary and associate<br />
Acquisition of property, plant and equipment<br />
Acquisition of investments<br />
Use of cash in investment activities<br />
FINANCING ACTIVITIES<br />
Payment of dividends and interest on own capital<br />
Loans and financing<br />
Funds raised<br />
Payments<br />
Use of cash in financing activities<br />
Effect of exchange variations on cash and equivalents<br />
Net increase (decrease) cash and equivalents<br />
Starting balance of cash and equivalents<br />
Closing balance of cash and equivalents<br />
Net increase (decrease) in cash and equivalents<br />
Sérgio Ricardo Putini<br />
TC CRC 1SP221919/O–2<br />
CPF 063.498.578–79<br />
<strong>2005</strong><br />
665<br />
(29,763)<br />
–<br />
(29,098)<br />
(58,047)<br />
662,816<br />
(878,097)<br />
(273,328)<br />
(11,563)<br />
161,771<br />
92,911<br />
254,682<br />
161,771<br />
Parent company Consolidated<br />
2004<br />
–<br />
(42,572)<br />
(1,505)<br />
(44,077)<br />
–<br />
471,261<br />
(493,370)<br />
(22,109)<br />
(2,102)<br />
(83,090)<br />
176,001<br />
92,911<br />
(83,090)<br />
<strong>2005</strong><br />
–<br />
(47,198)<br />
–<br />
(47,198)<br />
(59,697)<br />
706,163<br />
(949,305)<br />
(302,839)<br />
(17,592)<br />
93,158<br />
166,618<br />
259,776<br />
93,158<br />
2004<br />
–<br />
(51,778)<br />
(1,505)<br />
(53,283)<br />
(1,077)<br />
476,766<br />
(493,370)<br />
(17,681)<br />
(8,188)<br />
(108,437)<br />
275,055<br />
166,618<br />
(108,437)<br />
81. Financial Statements <strong>2005</strong>
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