Company: TNRSF
Filing Date: 2025-08-01
Form Type: 6-K
Source: 0001171843-25-004951
Chunk: 38

Company: TENARIS SA
Filing Date: 2025-08-01
Form: 6-K
Chunk 38
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 the period                                                               |             |       |                                 |     660,798 |   |     |     |  1,616,597 |   |
| Effect of exchange rate changes                                                              |             |       |                                 |      (2,768 | ) |     |     |    (20,158 | ) |
| Decrease in cash and cash equivalents                                                        |             |       |                                 |     (86,538 | ) |     |     |   (747,744 | ) |
| At June 30,                                                                                  |             |       |                                 |     571,492 |   |     |     |    848,695 |   |
|                                                                                              |             |       |                                 | At June 30, |   |     |     |            |   |
| Cash and cash equivalents                                                                    |             |       |                                 |        2025 |   |     |     |       2024 |   |
| Cash and bank deposits                                                                       |             |       |                                 |     572,289 |   |     |     |    850,236 |   |
| Bank overdrafts                                                                              |             |       |                                 |        (797 | ) |     |     |     (1,541 | ) |
|                                                                                              |             |       |                                 |     571,492 |   |     |     |    848,695 |   |

(*)Changes in working capital do not include non-cash movements due to the variations in the exchange rates used by subsidiaries with functional currencies different from the U.S. dollar for an amount of $ 36.7million for the six-month period ended June 30, 2025 and $ (11.1)million for the six-month period ended June 30, 2024.

(**)For the six-month period ended June 30, 2025, related to the deconsolidation of Amaja Tubular Services Limited.

(***)For the six-month period ended June 30, 2024, related to Mattr’s pipe coating business unit acquisition.

The accompanying notes are an integral part of these Consolidated Condensed Interim Financial Statements.

These Consolidated Condensed Interim Financial Statements should be read in conjunction with our audited Consolidated Financial Statements and notes for the fiscal year ended December 31, 2024.

| 28 |

NOTES TO THE CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS

| 1  | General information                                                                  |
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