XML 40 R49.htm IDEA: XBRL DOCUMENT
v3.20.1

III. Financial Risk Management (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Statement Line Items [Line Items] |
Disclosure of effect of changes in foreign exchange rates [text block] |
All amounts Long / (Short) in thousands of U.S. dollars |  | As of December 31, |
Currency Exposure / Functional currency |  | 2019 |  |  | 2018 |
Argentine Peso / U.S. Dollar |  |  | (95,811 | ) |  |  | (186,867 | )
Euro / U.S. Dollar |  |  | (103,518 | ) |  |  | (175,419 | )
Saudi Arabian Riyal / U. S. Dollar |  |  | (107,582 | ) |  |  | - |
Disclosure of financial instruments by type of interest rate [text block] |
|  | As of December 31,
|  | 2019 |  | 2018
|  | Amount in thousands of U.S. dollars |  | % |  | Amount in thousands of U.S. dollars |  | %
Fixed rate (*) |  |  | 768,002 |  |  |  | 93 | % |  |  | 520,471 |  |  |  | 97 | %
Variable rate |  |  | 54,150 |  |  |  | 7 | % |  |  | 18,536 |  |  |  | 3 | %
Total |  |  | 822,152 |  |  |  |  |  |  |  | 539,007 |  |  |  |  |
Disclosure of detailed information about financial instruments at fair value by category and levels [text block] |
|  |  |  |  | Measurement Categories |  |  | At Fair Value |
December 31, 2019 |  | Carrying amount |  |  | Amortized Cost |  |  | FVOCI |  |  | FVPL |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | 1,554,299 |  |  |  | 387,602 |  |  |  | - |  |  |  | 1,166,697 |  |  |  | 1,166,697 |  |  |  | - |  |  |  | - |
Other investments |  |  | 210,376 |  |  |  | 65,874 |  |  |  | 144,502 |  |  |  | - |  |  |  | 134,990 |  |  |  | 9,512 |  |  |  | - |
Fixed income (time-deposit, zero coupon bonds, commercial papers) |  |  | 65,874 |  |  |  | 65,874 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Certificates of deposits |  |  | 20,637 |  |  |  | 20,637 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Commercial papers |  |  | 4,993 |  |  |  | 4,993 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other notes |  |  | 40,244 |  |  |  | 40,244 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Bonds and other fixed income |  |  | 144,502 |  |  |  | - |  |  |  | 144,502 |  |  |  | - |  |  |  | 134,990 |  |  |  | 9,512 |  |  |  | - |
U.S. government securities |  |  | 10,211 |  |  |  | - |  |  |  | 10,211 |  |  |  | - |  |  |  | 10,211 |  |  |  | - |  |  |  | - |
Non - U.S. government securities |  |  | 28,637 |  |  |  | - |  |  |  | 28,637 |  |  |  | - |  |  |  | 19,125 |  |  |  | 9,512 |  |  |  | - |
Corporates securities |  |  | 105,654 |  |  |  | - |  |  |  | 105,654 |  |  |  | - |  |  |  | 105,654 |  |  |  | - |  |  |  | - |
Derivative financial instruments |  |  | 19,929 |  |  |  | - |  |  |  | - |  |  |  | 19,929 |  |  |  | - |  |  |  | 19,929 |  |  |  | - |
Other Investments Non-current |  |  | 24,934 |  |  |  | - |  |  |  | 18,012 |  |  |  | 6,922 |  |  |  | 18,012 |  |  |  | - |  |  |  | 6,922 |
Bonds and other fixed income |  |  | 18,012 |  |  |  | - |  |  |  | 18,012 |  |  |  | - |  |  |  | 18,012 |  |  |  | - |  |  |  | - |
Other investments |  |  | 6,922 |  |  |  | - |  |  |  | - |  |  |  | 6,922 |  |  |  | - |  |  |  | - |  |  |  | 6,922 |
Trade receivables |  |  | 1,348,160 |  |  |  | 1,348,160 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Receivables C and NC (*) |  |  | 261,678 |  |  |  | 93,239 |  |  |  | 48,659 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 48,659 |
Other receivables |  |  | 141,898 |  |  |  | 93,239 |  |  |  | 48,659 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 48,659 |
Other receivables (non-financial) |  |  | 119,780 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  |  |  |  |  |  | 1,894,875 |  |  |  | 211,173 |  |  |  | 1,193,548 |  |  |  | 1,319,699 |  |  |  | 29,441 |  |  |  | 55,581 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowings C and NC |  |  | 822,152 |  |  |  | 822,152 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Trade payables |  |  | 555,887 |  |  |  | 555,887 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Finance Lease Liabilities C and NC |  |  | 230,167 |  |  |  | 230,167 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Derivative financial instruments |  |  | 1,814 |  |  |  | - |  |  |  | - |  |  |  | 1,814 |  |  |  | - |  |  |  | 1,814 |  |  |  | - |
Total |  |  |  |  |  |  | 1,608,206 |  |  |  | - |  |  |  | 1,814 |  |  |  | - |  |  |  | 1,814 |  |  |  | - |
|  |  |  |  | Measurement Categories |  |  | At Fair Value |
December 31, 2018 |  | Carrying amount |  |  | Amortized Cost |  |  | FVOCI |  |  | FVPL |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | 428,361 |  |  |  | 268,163 |  |  |  | - |  |  |  | 160,198 |  |  |  | 160,198 |  |  |  | - |  |  |  | - |
Other investments |  |  | 487,734 |  |  |  | 300,410 |  |  |  | 166,094 |  |  |  | 21,230 |  |  |  | 168,165 |  |  |  | 19,159 |  |  |  | - |
Fixed income (time-deposit, zero coupon bonds, commercial papers) |  |  | 300,410 |  |  |  | 300,410 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Certificates of deposits |  |  | 198,912 |  |  |  | 198,912 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Commercial papers |  |  | 9,932 |  |  |  | 9,932 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Other notes |  |  | 91,566 |  |  |  | 91,566 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Bonds and other fixed income |  |  | 187,324 |  |  |  | - |  |  |  | 166,094 |  |  |  | 21,230 |  |  |  | 168,165 |  |  |  | 19,159 |  |  |  | - |
U.S. government securities |  |  | 1,077 |  |  |  | - |  |  |  | 1,077 |  |  |  | - |  |  |  | 1,077 |  |  |  | - |  |  |  | - |
Non - U.S. government securities |  |  | 24,912 |  |  |  | - |  |  |  | 24,912 |  |  |  | - |  |  |  | 24,912 |  |  |  | - |  |  |  | - |
Corporates securities |  |  | 142,176 |  |  |  | - |  |  |  | 140,105 |  |  |  | 2,071 |  |  |  | 142,176 |  |  |  | - |  |  |  | - |
Structured notes |  |  | 19,159 |  |  |  | - |  |  |  | - |  |  |  | 19,159 |  |  |  | - |  |  |  | 19,159 |  |  |  | - |
Derivative financial instruments |  |  | 9,173 |  |  |  | - |  |  |  | - |  |  |  | 9,173 |  |  |  | - |  |  |  | 9,173 |  |  |  | - |
Other Investments Non-current |  |  | 118,155 |  |  |  | - |  |  |  | 113,830 |  |  |  | 4,326 |  |  |  | 113,830 |  |  |  | - |  |  |  | 4,326 |
Bonds and other fixed income |  |  | 113,830 |  |  |  | - |  |  |  | 113,830 |  |  |  | - |  |  |  | 113,830 |  |  |  | - |  |  |  | - |
Other investments |  |  | 4,326 |  |  |  | - |  |  |  | - |  |  |  | 4,326 |  |  |  | - |  |  |  | - |  |  |  | 4,326 |
Trade receivables |  |  | 1,737,366 |  |  |  | 1,737,366 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Receivables C and NC (*) |  |  | 307,790 |  |  |  | 139,474 |  |  |  | 48,711 |  |  |  | - |  |  |  | - |  |  |  | 52 |  |  |  | 48,659 |
Other receivables |  |  | 188,185 |  |  |  | 139,474 |  |  |  | 48,711 |  |  |  | - |  |  |  | - |  |  |  | 52 |  |  |  | 48,659 |
Other receivables (non-financial) |  |  | 119,605 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  |  |  |  |  |  | 2,445,413 |  |  |  | 328,635 |  |  |  | 194,927 |  |  |  | 442,193 |  |  |  | 28,384 |  |  |  | 52,985 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowings C and NC |  |  | 539,007 |  |  |  | 539,007 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Trade payables |  |  | 693,673 |  |  |  | 693,673 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Derivative financial instruments |  |  | 11,978 |  |  |  | - |  |  |  | - |  |  |  | 11,978 |  |  |  | - |  |  |  | 11,978 |  |  |  | - |
Total |  |  |  |  |  |  | 1,232,680 |  |  |  | - |  |  |  | 11,978 |  |  |  | - |  |  |  | 11,978 |  |  |  | - |
Disclosure of fair value measurement of assets [text block] |
|  | Year ended December 31, |
|  | 2019 |  |  | 2018 |
|  | Assets / Liabilities |
At the beginning of the year |  |  | 52,985 |  |  |  | 26,409 |
Addition / (Decrease) |  |  | 2,933 |  |  |  | 26,768 |
Currency translation adjustment and others |  |  | (337 | ) |  |  | (192 | )
At the end of the year |  |  | 55,581 |  |  |  | 52,985 |

X
- Definition The entire disclosure for the effect of changes in foreign exchange rates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 21 -IssueDate 2019-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=21&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IAS21_g51-57_TI -URIDate 2019-03-27 + Details
Name: | ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the fair value measurement of assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 13 -IssueDate 2019-01-01 -Paragraph 93 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=13&code=ifrs-tx-2019-en-r&anchor=para_93&doctype=Standard -URIDate 2019-03-27 + Details
Name: | ifrs-full_DisclosureOfFairValueMeasurementOfAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of financial instruments by type of interest rate. [Refer: Financial instruments, class [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 7 -IssueDate 2019-01-01 -Paragraph 39 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2019-en-r&anchor=para_39&doctype=Standard -URIDate 2019-03-27 + Details
Name: | ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of detailed information about financial instruments at fair value by category and levels. + References No definition available. + Details
Name: | ts_DisclosureOfDetailedInformationAboutFinancialInstrumentsAtFairValueByCategoryAndLevelsTextBlock
Namespace Prefix: | ts_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ts_StatementLineItems
Namespace Prefix: | ts_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration