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Note 2 - Cost of sales (Tables)

12 Months Ended

Dec. 31, 2024

Note 2 - Cost of sales

Disclosure of Detailed Information About Cost of Sales [text block]

	Year ended December 31,
	2024			2023			2022
Inventories at the beginning of the year	3,921,097			3,986,929			2,672,593
Change in inventory due to business combinations ^(*)	52,792			107,588			-
Plus: Charges of the year
Raw materials, energy, consumables and other	4,638,681			5,277,507			5,772,031
Services and fees	408,478			437,804			293,490
Labor cost	1,454,924			1,403,546			1,160,085
Depreciation of property, plant and equipment	483,535			424,373			465,849
Amortization of intangible assets	12,193			11,582			11,754
Depreciation of right-of-use assets	34,332			30,352			33,244
Maintenance expenses	443,498			408,410			267,294
Allowance for obsolescence	41,240			13,581			24,901
Taxes	124,500			272,120			194,736
Other	230,161			216,220			178,691
	7,924,334			8,603,083			8,402,075
Less: Inventories at the end of the year	(3,709,942	)		(3,921,097	)		(3,986,929	)
	8,135,489			8,668,915			7,087,739

^(*)	For the year 2024, related to Mattr’s pipe coating business unit acquisition. For more information see note 34.
	For the year 2023, related to the GPC, Isoplus anticorrosion coating division and Mattr’s pipe coating business unit acquisitions.