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Note 13 - Investments in Non-consolidated Companies (Tables) | 12 Months Ended
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Dec. 31, 2020
Disclosure of unconsolidated structured entities [abstract] |
Disclosure of unconsolidated structured entities [text block] |
|  | Year ended December 31, |
(all amounts in thousands of U.S. dollars) |  | 2020 |  |  | 2019 |
At the beginning of the year |  |  | 879,965 |  |  |  | 805,568 |
Translation differences |  |  | (31,977 | ) |  |  | (10,781 | )
Equity in earnings of non-consolidated companies |  |  | 108,799 |  |  |  | 82,036 |
Increase due to business combinations |  |  | - |  |  |  | 20,635 |
Dividends and distributions declared (*) |  |  | (861 | ) |  |  | (28,037 | )
Additions |  |  | - |  |  |  | 19,610 |
Increase / (decrease) in equity reserves and others |  |  | 1,426 |  |  |  | (9,066 | )
At the end of the year |  |  | 957,352 |  |  |  | 879,965 |
Disclosure of detailed information about principal non-consolidated companies [text block] |
|  |  |  | % ownership at December 31, |  | Value at December 31, |
Company |  | Country of incorporation |  | 2020 |  | 2019 |  | 2020 |  |  |  | 2019 |
a) Ternium (*) |  | Luxembourg |  | 11.46% |  | 11.46% |  | 830,028 |  |  |  | 751,105 |
b) Usiminas (**) |  | Brazil |  | 3.07% |  | 3.07% |  | 65,144 |  |  |  | 74,593 |
c) Techgen |  | Mexico |  | 22.00% |  | 22.00% |  | 19,536 |  |  |  | 9,888 |
d) Global Pipe Company |  | Saudi Arabia |  | 35.00% |  | 35.00% |  | 23,421 |  |  |  | 22,550 |
Others |  | - |  | - |  | - |  | 19,223 |  |  |  | 21,829 |
|  |  |  |  |  |  |  | 957,352 |  |  |  | 879,965 |
Disclosure of detailed information about selected financial information [text block] |
(all amounts in thousands of U.S. dollars) |  |  | Ternium |
|  |  | 2020 |  |  |  | 2019 |
Non-current assets |  |  | 8,289,460 |  |  |  | 8,757,320 |
Current assets |  |  | 4,566,775 |  |  |  | 4,178,213 |
Total assets |  |  | 12,856,235 |  |  |  | 12,935,533 |
Non-current liabilities |  |  | 2,559,485 |  |  |  | 3,452,535 |
Current liabilities |  |  | 1,853,597 |  |  |  | 1,768,125 |
Total liabilities |  |  | 4,413,082 |  |  |  | 5,220,660 |
Equity |  |  | 8,443,153 |  |  |  | 7,714,873 |
Revenues |  |  | 8,735,435 |  |  |  | 10,192,818 |
Gross profit |  |  | 1,635,512 |  |  |  | 1,740,378 |
Net income for the year attributable to owners of the parent |  |  | 778,468 |  |  |  | 564,269 |
Total comprehensive income for the year, net of tax, attributable to owners of the parent |  |  | 666,667 |  |  |  | 445,473 |
(all amounts in thousands of U.S. dollars) |  |  | Usiminas |
|  |  | 2020 |  |  |  | 2019 |
Non-current assets |  |  | 3,487,317 |  |  |  | 4,335,662 |
Current assets |  |  | 2,276,368 |  |  |  | 2,198,449 |
Total assets |  |  | 5,763,685 |  |  |  | 6,534,111 |
Non-current liabilities |  |  | 1,661,605 |  |  |  | 1,955,395 |
Current liabilities |  |  | 861,912 |  |  |  | 716,930 |
Total liabilities |  |  | 2,523,517 |  |  |  | 2,672,325 |
Equity |  |  | 3,240,168 |  |  |  | 3,861,786 |
Revenues |  |  | 3,132,949 |  |  |  | 3,790,206 |
Gross profit |  |  | 624,199 |  |  |  | 478,141 |
Net income for the year attributable to owners of the parent |  |  | 106,361 |  |  |  | 52,779 |

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- Definition The disclosure of unconsolidated structured entities. [Refer: Unconsolidated structured entities [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2019-01-01 -Paragraph B4 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2019-en-r&anchor=para_B4_e&doctype=Appendix&subtype=B -URIDate 2019-03-27 + Details
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