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Note 2 - Cost of Sales (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of Cost of Sales [Abstract]  
Disclosure of detailed information about cost of sales [text block]

 

Year ended December 31,

 

2022

 


2021

 


2020

 

Inventories at the beginning of the year 

2,672,593

 


1,636,673

 


2,265,880

 

Increase in inventory due to business combinations

-

 


-

 


199,589

 

Decrease in inventory due to sale of subsidiaries

-

 


(10,662

)


-

 

Plus: Charges of the year

 

 


 

 


 

 

Raw materials, energy, consumables and other

5,772,031

 


3,841,551

 


1,545,688

 

Services and fees

293,490

 


208,472

 


154,976

 

Labor cost (*) 

1,160,085

 


824,071

 


757,359

 

Depreciation of property, plant and equipment

465,849

 


448,843

 


503,725

 

Amortization of intangible assets

11,754

 


7,645

 


8,121

 

Depreciation of right-of-use assets

33,244

 


35,910

 


40,127

 

Maintenance expenses

267,294

 


129,350

 


107,764

 

Allowance for obsolescence

24,901

 


23,296

 


35,809

 

Taxes

194,736

 


40,887

 


45,162

 

Other

178,691

 


98,159

 


59,790

 

 

8,402,075

 


5,647,522

 


3,458,110

 

Less: Inventories at the end of the year

(3,986,929

)


(2,672,593

)


(1,636,673

)

 

7,087,739

 


4,611,602

 


4,087,317

 

 

(*)  For the year ended December 2022, 2021 and 2020, labor cost includes approximately $17.8 million, $12.8 million and $81.3 million respectively of severance indemnities related to the adjustment of the workforce to market conditions.