XML 58 R40.htm IDEA: XBRL DOCUMENT
v3.21.1

SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Disclosure of entity's operating segments [Abstract] |
Disclosure of operating segments |
|  | Year ended December 31, 2020
|  | Steel |  | Mining |  | Inter-segment eliminations |  | Total
IFRS |  |  |  |  |  |  |  |
Net sales |  | 8,679,513 |  |  | 390,541 |  |  | (334,619) |  |  | 8,735,435 |
Cost of sales |  | (7,172,635) |  |  | (268,905) |  |  | 341,617 |  |  | (7,099,923) |
Gross profit |  | 1,506,878 |  |  | 121,636 |  |  | 6,998 |  |  | 1,635,512 |
Selling, general and administrative expenses |  | (740,056) |  |  | (22,826) |  |  | — |  |  | (762,882) |
Other operating income, net |  | 208,965 |  |  | (2,122) |  |  | — |  |  | 206,843 |
Operating income - IFRS |  | 975,787 |  |  | 96,688 |  |  | 6,998 |  |  | 1,079,473 |
Management view |  |  |  |  |  |  |  |
Net sales |  | 8,679,513 |  |  | 384,255 |  |  | (328,333) |  |  | 8,735,435 |
Operating income |  | 1,046,623 |  |  | 101,937 |  |  | 689 |  |  | 1,149,249 |
Reconciliation items: |  |  |  |  |  |  |  |
Differences in Cost of sales |  |  |  |  |  |  |  | (69,776) |
Operating income - IFRS |  |  |  |  |  |  |  | 1,079,473 |
Financial income (expense), net |  |  |  |  |  |  |  | 22,331 |
Equity in earnings (losses) of non-consolidated companies |  |  |  |  |  |  |  | 57,555 |
Income before income tax expense - IFRS |  |  |  |  |  |  |  | 1,159,359 |
Depreciation and amortization - IFRS |  | (580,807) |  |  | (50,244) |  |  | — |  |  | (631,051) |
|  | Year ended December 31, 2019
|  | Steel |  | Mining |  | Inter-segment eliminations |  | Total
IFRS |  |  |  |  |  |  |  |
Net sales |  | 10,186,171 |  |  | 364,058 |  |  | (357,411) |  |  | 10,192,818 |
Cost of sales |  | (8,552,493) |  |  | (259,535) |  |  | 359,588 |  |  | (8,452,440) |
Gross profit |  | 1,633,679 |  |  | 104,523 |  |  | 2,177 |  |  | 1,740,378 |
Selling, general and administrative expenses |  | (885,146) |  |  | (12,330) |  |  | — |  |  | (897,475) |
Other operating expenses, net |  | 21,931 |  |  | (268) |  |  | — |  |  | 21,663 |
Operating income - IFRS |  | 770,466 |  |  | 91,924 |  |  | 2,177 |  |  | 864,566 |
Management view |  |  |  |  |  |  |  |
Net sales |  | 10,230,650 |  |  | 417,619 |  |  | (410,972) |  |  | 10,237,297 |
Operating income |  | 841,169 |  |  | 146,636 |  |  | 2,177 |  |  | 989,982 |
Reconciliation items: |  |  |  |  |  |  |  |
Differences in Cost of sales |  |  |  |  |  |  |  | 99,315 |
Effect of inflation adjustment (Note 3 (cc)) |  |  |  |  |  |  |  | (224,731) |
Operating income - IFRS |  |  |  |  |  |  |  | 864,566 |
Financial income (expense), net |  |  |  |  |  |  |  | (98,969) |
Equity in earnings (losses) of non-consolidated companies |  |  |  |  |  |  |  | 60,967 |
Income before income tax expense - IFRS |  |  |  |  |  |  |  | 826,564 |
Depreciation and amortization - IFRS |  | (612,744) |  |  | (48,368) |  |  | — |  |  | (661,112) |
4. SEGMENT INFORMATION (continued)
|  | Year ended December 31, 2018
|  | Steel |  | Mining |  | Inter-segment eliminations |  | Total
IFRS |  |  |  |  |  |  |  |
Net sales |  | 11,453,420 |  |  | 282,000 |  |  | (280,613) |  |  | 11,454,807 |
Cost of sales |  | (8,524,890) |  |  | (239,893) |  |  | 281,455 |  |  | (8,483,328) |
Gross profit |  | 2,928,530 |  |  | 42,107 |  |  | 842 |  |  | 2,971,479 |
Selling, general and administrative expenses |  | (860,881) |  |  | (15,883) |  |  | — |  |  | (876,764) |
Other operating expenses, net |  | 12,950 |  |  | 706 |  |  | — |  |  | 13,656 |
Operating income - IFRS |  | 2,080,599 |  |  | 26,930 |  |  | 842 |  |  | 2,108,371 |
Management view |  |  |  |  |  |  |  |
Net sales |  | 11,723,883 |  |  | 333,892 |  |  | (332,505) |  |  | 11,725,270 |
Operating income |  | 1,768,115 |  |  | 91,418 |  |  | (6,213) |  |  | 1,853,319 |
Reconciliation items: |  |  |  |  |  |  |  |
Differences in Cost of sales |  |  |  |  |  |  |  | 541,492 |
Effect of inflation adjustment (Note 3 (cc)) |  |  |  |  |  |  |  | (286,440) |
Operating income - IFRS |  |  |  |  |  |  |  | 2,108,371 |
Financial income (expense), net |  |  |  |  |  |  |  | (179,576) |
Equity in earnings (losses) of non-consolidated companies |  |  |  |  |  |  |  | 102,772 |
Income before income tax expense - IFRS |  |  |  |  |  |  |  | 2,031,567 |
Depreciation and amortization - IFRS |  | (537,885) |  |  | (51,415) |  |  | — |  |  | (589,299) |
Disclosure of geographical areas |
|  | Year ended December 31, 2020
|  | Mexico |  | Southern region |  | Brazil and Other markets |  | Total
Net sales |  | 4,660,278 |  |  | 1,762,785 |  |  | 2,312,372 |  |  | 8,735,435 |
Non-current assets (1) |  | 4,726,342 |  |  | 919,490 |  |  | 1,767,432 |  |  | 7,413,264 |
|  | Year ended December 31, 2019
|  | Mexico |  | Southern region |  | Brazil and Other markets |  | Total
Net sales |  | 5,477,690 |  |  | 1,704,132 |  |  | 3,010,996 |  |  | 10,192,818 |
Non-current assets (1) |  | 4,584,802 |  |  | 1,008,860 |  |  | 1,889,757 |  |  | 7,483,419 |
|  | Year ended December 31, 2018
|  | Mexico |  | Southern region |  | Brazil and Other markets |  | Total
Net sales |  | 6,345,137 |  |  | 1,941,168 |  |  | 3,168,502 |  |  | 11,454,807 |
Non-current assets (1) |  | 4,093,288 |  |  | 1,071,705 |  |  | 1,665,140 |  |  | 6,830,133 |
(1) Includes Property, plant and equipment and Intangible assets.
Disclosure of products and services |
|  | Year ended December 31,
|  | 2020 |  | 2019 |  | 2018
Semi-finished (1) |  | 3,632 |  |  | 51,496 |  |  | 103,099 |
Slabs |  | 1,047,311 |  |  | 1,753,090 |  |  | 1,818,235 |
Hot rolled (2) |  | 2,880,055 |  |  | 3,275,941 |  |  | 3,961,144 |
Cold rolled |  | 1,101,963 |  |  | 1,165,406 |  |  | 1,264,940 |
Coated (3) |  | 3,015,132 |  |  | 3,263,463 |  |  | 3,506,040 |
Roll-formed and tubular (4) |  | 413,337 |  |  | 380,688 |  |  | 437,514 |
Other products (5) |  | 274,005 |  |  | 302,734 |  |  | 363,835 |
TOTAL SALES |  | 8,735,435 |  |  | 10,192,818 |  |  | 11,454,807 |
(1)Semi-finished includes billets and round bars. (2)Hot rolled includes hot rolled flat products, merchant bars, reinforcing bars, stirrups and rods. (3)Coated includes tin plate and galvanized products. (4)Roll-formed and tubular includes tubes, beams, insulated panels, roofing and cladding, roof tiles, steel decks and pre-engineered metal building systems. (5)Other products include mainly sales of energy and pig iron.

X
- Definition The disclosure of geographical information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2020-01-01 -Paragraph 33 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2020-en-r&anchor=para_33&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfGeographicalAreasExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of operating segments. [Refer: Operating segments [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2020-01-01 -Paragraph 23 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2020-en-r&anchor=para_23&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the entity's products and services. [Refer: Products and services [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2020-01-01 -Paragraph 32 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2020-en-r&anchor=para_32&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfProductsAndServicesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of entity's operating segments [Abstract] + References No definition available. + Details
Name: | tx_DisclosureofentitysoperatingsegmentsAbstract
Namespace Prefix: | tx_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration