XML 183 R114.htm IDEA: XBRL DOCUMENT v3.25.1
Note 11 - Property, plant and equipment, net - Components of Property, Plant and Equipment, Net (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year $ 6,078,179 $ 5,556,263
End of the year 6,121,471 6,078,179
Land and civil buildings [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 725,063  
End of the year 757,410 725,063
Industrial buildings, plant and production equipment [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 4,842,229  
End of the year 4,873,502 4,842,229
Vehicles, furniture and fixtures [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 65,604  
End of the year 73,562 65,604
Work in progress [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 396,103  
End of the year 372,990 396,103
Spare parts and equipment [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 49,180  
End of the year 44,007 49,180
Gross carrying amount [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 15,313,080 14,383,647
Currency translation adjustment (107,740) 58,481
Changes due to business combinations [1] (10,461)  
Increase due to business combinations [2]   393,981
Additions 635,513 570,997
Transfers / Reclassifications (5,386) (1,270)
Disposals / Consumptions (107,290) (92,756)
End of the year 15,717,716 15,313,080
Gross carrying amount [member] | Land and civil buildings [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 889,957 815,763
Currency translation adjustment (5,336) 1,863
Changes due to business combinations [1] 12,949  
Increase due to business combinations [2]   64,413
Additions 2,176 330
Transfers / Reclassifications 47,989 12,031
Disposals / Consumptions (12,031) (4,443)
End of the year 935,704 889,957
Gross carrying amount [member] | Industrial buildings, plant and production equipment [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 13,538,273 12,857,494
Currency translation adjustment (94,711) 53,282
Changes due to business combinations [1] (24,063)  
Increase due to business combinations [2]   256,899
Additions 1,028 3,661
Transfers / Reclassifications 548,790 435,550
Disposals / Consumptions (65,775) (68,613)
End of the year 13,903,542 13,538,273
Gross carrying amount [member] | Vehicles, furniture and fixtures [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 416,913 402,485
Currency translation adjustment (2,952) 1,675
Changes due to business combinations [1]  
Increase due to business combinations [2]   831
Additions 433 820
Transfers / Reclassifications 31,275 22,530
Disposals / Consumptions (21,627) (11,428)
End of the year 424,042 416,913
Gross carrying amount [member] | Work in progress [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 396,103 252,379
Currency translation adjustment (4,391) 1,462
Changes due to business combinations [1] 653  
Increase due to business combinations [2]   71,838
Additions 616,218 546,515
Transfers / Reclassifications (633,440) (471,381)
Disposals / Consumptions (2,153) (4,710)
End of the year 372,990 396,103
Gross carrying amount [member] | Spare parts and equipment [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year 71,834 55,526
Currency translation adjustment (350) 199
Changes due to business combinations [1]  
Increase due to business combinations [2]  
Additions 15,658 19,671
Transfers / Reclassifications
Disposals / Consumptions (5,704) (3,562)
End of the year 81,438 71,834
Accumulated depreciation, amortisation and impairment [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year (9,234,901) (8,827,384)
Currency translation adjustment (71,492) 40,153
Transfers / Reclassifications (840) (380)
Disposals / Consumptions 75,527 78,146
Depreciation charge 509,203 445,890
End of the year (9,596,245) (9,234,901)
Accumulated depreciation, amortisation and impairment [member] | Land and civil buildings [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year (164,894) (152,272)
Currency translation adjustment (699) 390
Transfers / Reclassifications (333) (16)
Disposals / Consumptions 1,834 8
Depreciation charge 16,266 12,256
End of the year (178,294) (164,894)
Accumulated depreciation, amortisation and impairment [member] | Industrial buildings, plant and production equipment [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year (8,696,044) (8,313,971)
Currency translation adjustment (67,918) 38,074
Transfers / Reclassifications (2,101) (391)
Disposals / Consumptions 53,249 67,471
Depreciation charge 457,264 411,861
End of the year (9,030,040) (8,696,044)
Accumulated depreciation, amortisation and impairment [member] | Vehicles, furniture and fixtures [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year (351,309) (340,526)
Currency translation adjustment (2,686) 1,584
Transfers / Reclassifications 1,594 27
Disposals / Consumptions 20,444 10,667
Depreciation charge 20,707 19,839
End of the year (350,480) (351,309)
Accumulated depreciation, amortisation and impairment [member] | Work in progress [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year
Currency translation adjustment
Transfers / Reclassifications
Disposals / Consumptions
Depreciation charge
End of the year
Accumulated depreciation, amortisation and impairment [member] | Spare parts and equipment [member]    
Reconciliation of changes in property, plant and equipment [abstract]    
Beginning of the year (22,654) (20,615)
Currency translation adjustment (189) 105
Transfers / Reclassifications
Disposals / Consumptions
Depreciation charge 14,966 1,934
End of the year $ (37,431) $ (22,654)
[1] For the year 2024, related to Mattr’s pipe coating business unit acquisition. For more information see note 34.
[2] For the year 2023, related to the GPC, Isoplus anticorrosion coating division, Republic Tube LLC’s OCTG pipe processing facility and Mattr’s pipe coating business unit acquisitions.