XML 93 R24.htm IDEA: XBRL DOCUMENT
v3.25.1

Note 12 - Intangible assets, net | 12 Months Ended
--- | ---
Dec. 31, 2024
Note 12 - Intangible assets, net |
Note 12 - Intangible assets, net | 12 Intangible assets, net
Year ended December 31, 2024 | Information system projects |  |  | Licenses, patents and trademarks (*) |  |  | Goodwill |  |  | Customer relationships |  |  | Total |
Cost |  |  |  |  |  |  |  |  |  |  |  |  |  |
Values at the beginning of the year | 648,887 |  |  | 560,549 |  |  | 2,488,381 |  |  | 1,790,680 |  |  | 5,488,497 |
Currency translation adjustment | (4,049 | ) |  | (10 | ) |  | (67 | ) |  | (13 | ) |  | (4,139 | )
Changes due to business combinations (**) | - |  |  | - |  |  | (13,621 | ) |  | (14,590 | ) |  | (28,211 | )
Additions | 43,445 |  |  | 14,998 |  |  | - |  |  | - |  |  | 58,443 |
Transfers / Reclassifications | 4,584 |  |  | 70 |  |  | - |  |  | - |  |  | 4,654 |
Disposals | (31,262 | ) |  | - |  |  | - |  |  | (40 | ) |  | (31,302 | )
Values at the end of the year | 661,605 |  |  | 575,607 |  |  | 2,474,693 |  |  | 1,776,037 |  |  | 5,487,942 |
Amortization and impairment |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accumulated at the beginning of the year | 576,722 |  |  | 407,217 |  |  | 1,384,674 |  |  | 1,742,774 |  |  | 4,111,387 |
Currency translation adjustment | (3,764 | ) |  | (6 | ) |  | - |  |  | (11 | ) |  | (3,781 | )
Amortization charge | 22,664 |  |  | 9,100 |  |  | - |  |  | 21,986 |  |  | 53,750 |
Transfers / Reclassifications | 108 |  |  | - |  |  | - |  |  | - |  |  | 108 |
Disposals | (31,231 | ) |  | - |  |  | - |  |  | (40 | ) |  | (31,271 | )
Accumulated at the end of the year | 564,499 |  |  | 416,311 |  |  | 1,384,674 |  |  | 1,764,709 |  |  | 4,130,193 |
At December 31, 2024 | 97,106 |  |  | 159,296 |  |  | 1,090,019 |  |  | 11,328 |  |  | 1,357,749 |
Year ended December 31, 2023 | Information system projects |  |  | Licenses, patents and trademarks (*) |  |  | Goodwill |  |  | Customer relationships |  |  | Total |
Cost |  |  |  |  |  |  |  |  |  |  |  |  |  |
Values at the beginning of the year | 614,474 |  |  | 550,991 |  |  | 2,469,726 |  |  | 1,762,042 |  |  | 5,397,233 |
Currency translation adjustment | 2,233 |  |  | 2 |  |  | 39 |  |  | - |  |  | 2,274 |
Increase due to business combinations (***) | 105 |  |  | 116 |  |  | 18,616 |  |  | 28,638 |  |  | 47,475 |
Additions | 39,375 |  |  | 9,073 |  |  | - |  |  | - |  |  | 48,448 |
Transfers / Reclassifications | 437 |  |  | 367 |  |  | - |  |  | - |  |  | 804 |
Disposals | (7,737 | ) |  | - |  |  | - |  |  | - |  |  | (7,737 | )
Values at the end of the year | 648,887 |  |  | 560,549 |  |  | 2,488,381 |  |  | 1,790,680 |  |  | 5,488,497 |
Amortization and impairment |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accumulated at the beginning of the year | 561,119 |  |  | 398,417 |  |  | 1,384,674 |  |  | 1,720,515 |  |  | 4,064,725 |
Currency translation adjustment | 2,140 |  |  | 1 |  |  | - |  |  | - |  |  | 2,141 |
Amortization charge | 21,285 |  |  | 8,799 |  |  | - |  |  | 22,259 |  |  | 52,343 |
Transfers / Reclassifications | (86 | ) |  | - |  |  | - |  |  | - |  |  | (86 | )
Disposals | (7,736 | ) |  | - |  |  | - |  |  | - |  |  | (7,736 | )
Accumulated at the end of the year | 576,722 |  |  | 407,217 |  |  | 1,384,674 |  |  | 1,742,774 |  |  | 4,111,387 |
At December 31, 2023 | 72,165 |  |  | 153,332 |  |  | 1,103,707 |  |  | 47,906 |  |  | 1,377,110 |
(*) Includes Proprietary Technology. (**) For the year 2024, r elated to Mattr’s pipe coating business unit acquisitions. For more information see note 34. (***) For the year 2023, r elated to the GPC, Isoplus anticorrosion coating division, Republic Tube LLC’s OCTG pipe processing facility and Mattr’s pipe coating business unit acquisitions. The geographical allocation of goodwill for the year ended December 31, 20 2 4 was $944.2 million for North America, $111.0 million for South America, $33.0 million for Asia Pacific, Middle East & Africa and $1.8 million for Europe. The geographical allocation of goodwill for the year ended December 31, 2023 was $944.2 million for North America, $111.0 million for South America, $33.0 million for Asia Pacific, Middle East & Africa and $15.5 million for Europe. The carrying amount of goodwill allocated by CGU, as of December 31, 20 2 4, was as follows:
(all amounts in millions of U.S. dollars) |  |  |  |  |  |  |  |
| Tubes Segment |  |  |  |
CGU | Hydril Acquisition |  |  | Other |  |  | Total |
Tamsa | 346 |  |  | 19 |  |  | 365 |
Siderca | 265 |  |  | 93 |  |  | 358 |
Hydril | 309 |  |  | - |  |  | 309 |
Other | - |  |  | 58 |  |  | 58 |
Total | 920 |  |  | 170 |  |  | 1,090

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

X
- Definition The entire disclosure for intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 38 -IssueDate 2024-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=38&code=ifrs-tx-2024-en-r&doctype=Standard&dita_xref=IAS38_g118-128_TI -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfIntangibleAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration