Company: TNRSF
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001171843-25-006841
Chunk: 6

Company: TENARIS SA
Filing Date: 2025-10-30
Form: 6-K
Chunk 6
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,183 |   |     |     |    715,028 |   |
| Bank overdrafts                                                                              |     |             |       |                                       |             (222 | ) |     |     |    (33,722 | ) |
|                                                                                              |     |             |       |                                       |          546,961 |   |     |     |    681,306 |   |

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 $38.7 million for the nine-month period ended September 30, 2025 and $2.2 million for the nine-month period ended September 30, 2024.

For the nine-month period ended September 30, 2025, related to the deconsolidation of Amaja Tubular Services Limited.

For the nine-month period ended September 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.

| 6 |

NOTES TO THE CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS

| 1  | General information                                                                  |
| 2  | Accounting policies and basis of presentation                                        |
| 3  | Segment information                                                                  |
| 4  | Cost of sales                                                                        |
| 5  | Selling, general and administrative expenses                                         |
| 6  | Other operating income (expense), net                                                |
| 7  | Financial results                                                                    |
| 8  | Equity in earnings of non-consolidated companies                                     |
| 9  | Income tax                                                                           |
| 10 | Dividend distribution                                                                |
| 11 | Property, plant and equipment, net                                                   |
| 12 | Intangible assets, net                                                               |
| 13 | Right-of-use assets, net and lease liabilities                                       |
| 14 | Cash and cash equivalents and other investments                                      |
| 15 | Derivative financial instruments                                                     |
| 16 | Category of financial instruments and classification within the fair value hierarchy |
| 17 | Investments in non-consolidated companies                                            |
| 18 | Contingencies, commitments and restrictions to the distribution of profits           |
| 19 |