XML 27 R12.htm IDEA: XBRL DOCUMENT v3.19.1
COST OF SALES
 12 Months Ended
Dec. 31, 2018
Analysis of income and expense [abstract]  
COST OF SALES
COST OF SALES
 
Year ended December 31,
 
2018
 
2017
 
2016
 
 
 
 
 
 
Inventories at the beginning of the year
2,550,930

 
1,647,869

 
1,579,120

Acquisition of business (Note 3)
—

 
400,047

 
—

Effect of initial inflation adjustment (Note 4 (cc))
191,708

 
—

 
—

Translation differences
(413,436
)
 
(97,148
)
 
(82,515
)
 
 
 
 
 
 
Plus: Charges for the year
 
 
 
 
 
Raw materials and consumables used and
other movements
6,961,704

 
6,337,283

 
4,060,783

Services and fees
158,551

 
110,949

 
77,698

Labor cost
699,447

 
673,821

 
560,513

Depreciation of property, plant and equipment
456,522

 
348,415

 
314,649

Amortization of intangible assets
25,374

 
35,275

 
40,225

Maintenance expenses
519,625

 
480,496

 
457,734

Office expenses
8,586

 
7,350

 
7,112

Insurance
8,769

 
7,968

 
8,432

Charge of obsolescence allowance
17,322

 
(4,028
)
 
4,600

Recovery from sales of scrap and by-products
(27,744
)
 
(25,973
)
 
(21,010
)
Others
15,799

 
31,631

 
24,918

 
 
 
 
 
 
Less: Inventories at the end of the year
(2,689,829
)
 
(2,550,930
)
 
(1,647,869
)
 
 
 
 
 
 
Cost of Sales
8,483,328

 
7,403,025

 
5,384,390