Company: TNRSF
Filing Date: 2025-05-01
Form Type: 6-K
Source: 0001171843-25-002694
Chunk: 5

Company: TENARIS SA
Filing Date: 2025-05-01
Form: 6-K
Chunk 5
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| Movement in cash and cash equivalents                                                        |     |             |       |                                    |              |   |     |     |           |   |
| At the beginning of the period                                                               |     |             |       |                                    |      660,798 |   |     |     | 1,616,597 |   |
| Effect of exchange rate changes                                                              |     |             |       |                                    |       (2,430 | ) |     |     |    (4,921 | ) |
| Increase (decrease) in cash and cash equivalents                                             |     |             |       |                                    |      100,584 |   |     |     |  (288,620 | ) |
| At March 31,                                                                                 |     |             |       |                                    |      758,952 |   |     |     | 1,323,056 |   |
|                                                                                              |     |             |       |                                    | At March 31, |   |     |     |           |   |
| Cash and cash equivalents                                                                    |     |             |       |                                    |         2025 |   |     |     |      2024 |   |
| Cash and bank deposits                                                                       |     |             |       |                                    |      770,208 |   |     |     | 1,323,350 |   |
| Bank overdrafts                                                                              |     |             |       |                                    |      (11,256 | ) |     |     |      (294 | ) |
|                                                                                              |     |             |       |                                    |      758,952 |   |     |     | 1,323,056 |   |

(*)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 $ 14.5million for the three-month period ended March 31, 2025 and $ (8.5)million for the three-month period ended March 31, 2024.

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