XML 58 R20.htm IDEA: XBRL DOCUMENT v3.19.1
Note 10 - Intangible Assets, Net
12 Months Ended
Dec. 31, 2018
Statement Line Items [Line Items]  
Disclosure of intangible assets [text block]
10
Intangible assets, net
 
Year ended December 31, 2018   Information system projects     Licenses, patents and trademarks (*)     Goodwill     Customer relationships     Total  
                               
Cost                                        
Values at the beginning of the year    
560,692
     
465,963
     
2,090,073
     
2,058,859
     
5,175,587
 
Translation differences    
(6,153
)    
(183
)    
(4,137
)    
-
     
(10,473
)
Additions    
31,632
     
273
     
-
     
-
     
31,905
 
Transfers / Reclassifications    
(5,493
)    
-
     
-
     
-
     
(5,493
)
Disposals    
(56
)    
(1,482
)    
-
     
-
     
(1,538
)
Values at the end of the year    
580,622
     
464,571
     
2,085,936
     
2,058,859
     
5,189,988
 
                                         
Amortization                                        
Accumulated at the beginning of the year    
478,946
     
372,746
     
797,592
     
1,865,444
     
3,514,728
 
Translation differences    
(5,551
)    
-
     
-
     
-
     
(5,551
)
Amortization charge    
40,635
     
720
     
-
     
173,537
     
214,892
 
Disposals    
(46
)    
-
     
-
     
-
     
(46
)
Accumulated at the end of the year    
513,984
     
373,466
     
797,592
     
2,038,981
     
3,724,023
 
At December 31, 2018    
66,638
     
91,105
     
1,288,344
     
19,878
     
1,465,965
 
 
Year ended December 31, 2017   Information system projects     Licenses, patents and trademarks (*)     Goodwill     Customer relationships     Total  
                               
Cost                                        
Values at the beginning of the year    
554,330
     
461,619
     
2,090,257
     
2,058,946
     
5,165,152
 
Translation differences    
6,265
     
483
     
(184
)    
(87
)    
6,477
 
Additions    
28,335
     
5,105
     
-
     
-
     
33,440
 
Transfers / Reclassifications    
(28,371
)    
(92
)    
-
     
-
     
(28,463
)
Increase due to business combinations (**)    
133
     
-
     
-
     
-
     
133
 
Disposals    
-
     
(1,152
)    
-
     
-
     
(1,152
)
Values at the end of the year    
560,692
     
465,963
     
2,090,073
     
2,058,859
     
5,175,587
 
                                         
Amortization                                        
Accumulated at the beginning of the year    
408,373
     
362,292
     
797,592
     
1,734,068
     
3,302,325
 
Translation differences    
5,232
     
-
     
-
     
-
     
5,232
 
Amortization charge    
65,249
     
10,546
     
-
     
131,376
     
207,171
 
Transfers / Reclassifications    
92
     
(92
)    
-
     
-
     
-
 
Accumulated at the end of the year    
478,946
     
372,746
     
797,592
     
1,865,444
     
3,514,728
 
At December 31, 2017    
81,746
     
93,217
     
1,292,481
     
193,415
     
1,660,859
 
 
 
(*) Includes Proprietary Technology.
 
(**) Related to Garrett LLC acquisition.
 
The geographical allocation of goodwill for the year ended
December 31, 2018
was
$1,168.5
million for North America,
$117.1
million for South America,
$1.9
million for Europe and
$0.7
million for Middle East & Africa.
 
The carrying amount of goodwill allocated by CGU, as of
December 31, 2018,
was as follows:
 
(All amounts in million US dollar)                        
As of December 31, 2018   Tubes Segment     Other Segment        
CGU   Maverick Acquisition     Hydril Acquisition     Other     Maverick Acquisition     Total  
OCTG (USA)    
225
     
-
     
-
     
-
     
225
 
Tamsa (Hydril and other)    
-
     
346
     
19
     
-
     
365
 
Siderca (Hydril and other)    
-
     
265
     
93
     
-
     
358
 
Hydril    
-
     
309
     
-
     
-
     
309
 
Coiled Tubing    
-
     
-
     
-
     
4
     
4
 
Confab    
-
     
-
     
24
     
-
     
24
 
Other    
-
     
-
     
3
     
-
     
3
 
Total    
225
     
920
     
139
     
4
     
1,288