Company: TNRSF
Filing Date: 2025-02-21
Form Type: 6-K
Source: 0001171843-25-000987
Chunk: 68

Company: TENARIS SA
Filing Date: 2025-02-21
Form: 6-K
Chunk 68
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 |   |     |               |   (691 | ) |     |        |     - |     |       |       - |   |
| Disposals                                 |     |                | (1,349 | ) |     |            |  (7,046 | ) |     |               | (1,638 | ) |     |        |     - |     |       | (10,033 | ) |
| Accumulated at the end of the year        |     |                | 27,972 |   |     |            |  75,567 |   |     |               | 25,229 |   |     |        |   823 |     |       | 129,591 |   |
| At December 31, 2023                      |     |                | 38,492 |   |     |            |  72,813 |   |     |               | 17,988 |   |     |        | 2,845 |     |       | 132,138 |   |

(*)For the year 2023, related to the GPC and Mattr’s pipe coating business unit acquisitions.

| - 46 - |

| Consolidated Financial Statements                                                                           |
| For the years ended 2024, 2023 and 2022 - all amounts in thousands of U.S. dollars, unless otherwise stated |

Depreciation of right-of-use assets is mainly included in Tubes segment.

Lease liability evolution

|                                          |     | Year ended December 31, |    2024 |   |     |     |    2023 |   |
|:-----------------------------------------|:----|:------------------------|--------:|:--|:----|:----|--------:|:--|
| Opening net book amount                  |     |                         | 134,433 |   |     |     | 112,177 |   |
| Changes due to business combinations (*) |     |                         |     (35 | ) |     |     |  12,148 |   |
| Translation differences                  |     |                         |  (4,565 | ) |     |     |   2,237 |   |
| Additions                                |     |                         |  91,005 |   |     |     |  61,310 |   |
| Cancellations                            |     |                         |  (8,377 | ) |     |     |  (2,972 | ) |
| Rep