XML 47 R32.htm IDEA: XBRL DOCUMENT
v3.19.1

RELATED PARTY TRANSACTIONS | 12 Months Ended
--- | ---
Dec. 31, 2018
Disclosure of related party [Abstract] |
RELATED PARTY TRANSACTIONS | RELATED PARTY TRANSACTIONS As of December 31, 2018, Techint Holdings S.à r.l. (“Techint”) owned 62.02% of the Company’s share capital and Tenaris Investments S.à r.l. (“Tenaris”) held 11.46% of the Company’s share capital. Each of Techint and Tenaris were controlled by San Faustin S.A., a Luxembourg company (“San Faustin”). Rocca & Partners Stichting Administratiekantoor Aandelen San Faustin (“RP STAK”), a Dutch private foundation (Stichting), held voting shares in San Faustin sufficient in number to control San Faustin. No person or group of persons controls RP STAK. For commitments with Related parties, see note 25. The following transactions were carried out with related parties:
| Year ended December 31,
| 2018 |  | 2017 |  | 2016
(i) Transactions |  |  |  |  |
(a) Sales of goods and services |  |  |  |  |
Sales of goods to non-consolidated parties | 774,526 |  |  | 453,551 |  |  | — |
Sales of goods to other related parties | 141,230 |  |  | 164,694 |  |  | 29,480 |
Sales of services and others to non-consolidated parties | 176 |  |  | 177 |  |  | 737 |
Sales of services and others to other related parties | 1,286 |  |  | 660 |  |  | 654 |
| 917,218 |  |  | 619,082 |  |  | 30,871 |
(b) Purchases of goods and services |  |  |  |  |
Purchases of goods from non-consolidated parties | 483,182 |  |  | 404,891 |  |  | 144,673 |
Purchases of goods from other related parties | 50,928 |  |  | 57,941 |  |  | 58,929 |
Purchases of services and others from non-consolidated parties | 10,266 |  |  | 13,126 |  |  | 12,836 |
Purchases of services and others from other related parties | 90,536 |  |  | 111,439 |  |  | 126,859 |
| 634,912 |  |  | 587,397 |  |  | 343,297 |
(c) Financial results |  |  |  |  |
Income with non-consolidated parties | 9,330 |  |  | 7,611 |  |  | 3,507 |
| 9,330 |  |  | 7,611 |  |  | 3,507 |
(d) Dividends received |  |  |  |  |
Dividends from non-consolidated parties | 8,837 |  |  | 3,360 |  |  | 183 |
| 8,837 |  |  | 3,360 |  |  | 183 |
(e) Other income and expenses |  |  |  |  |
Income (expenses), net with non-consolidated parties | 1,012 |  |  | 2,723 |  |  | 1,660 |
Income (expenses), net with other related parties | 492 |  |  | 247 |  |  | 712 |
| 1,504 |  |  | 2,970 |  |  | 2,372 |
| As of December 31,
| 2018 |  | 2017
(ii) Year-end balances |  |  |
(a) Arising from sales/purchases of goods/services and other transactions |  |  |
Receivables from non-consolidated parties | 201,693 |  |  | 223,847 |
Receivables from other related parties | 5,975 |  |  | 29,033 |
Advances from non-consolidated parties | 2,812 |  |  | — |
Advances to suppliers with other related parties | 7,534 |  |  | 3,255 |
Payables to non-consolidated parties | (37,384 | ) |  | (24,570 | )
Payables to other related parties | (23,495 | ) |  | (21,547 | )
| 157,135 |  |  | 210,018 |
(iii) Officers and Directors’ compensation During the year ended December 31, 2018 the cash compensation of Officers and Directors amounted to $16,205 ($23,031 for the year ended December 31, 2017). In addition, Officers received 894.000 Units for a total amount of $2,851 ($2,069 for the year ended December 31, 2017) in connection with the incentive retention program mentioned in note 4 (o)(3).

X
- Definition The entire disclosure for related parties. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2017-01-01 -Section Disclosures -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=24&date=2017-03-01&anchor=sect_Disclosures&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfRelatedPartyExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of related party [Abstract] + References No definition available. + Details
Name: | tx_DisclosureofrelatedpartyAbstract
Namespace Prefix: | tx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration