| Disclosure of detailed information about property, plant and equipment [text block] |
|
Year ended December 31, 2025
|
Land and civil buildings
|
|
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Industrial buildings, plant and production equipment
|
|
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Vehicles, furniture and fixtures
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|
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Work in progress
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Spare parts and equipment
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Total
|
|
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At the beginning of the year
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Cost
|
935,704
|
|
|
13,903,542
|
|
|
424,042
|
|
|
372,990
|
|
|
81,438
|
|
|
15,717,716
|
|
|
Accumulated depreciation and impairment
|
(178,294
|
) |
|
(9,030,040
|
) |
|
(350,480
|
) |
|
-
|
|
|
(37,431
|
) |
|
(9,596,245
|
) |
|
Property, plant and equipment, net at the beginning of the year
|
757,410
|
|
|
4,873,502
|
|
|
73,562
|
|
|
372,990
|
|
|
44,007
|
|
|
6,121,471
|
|
|
|
|
|
|
|
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|
|
|
|
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|
|
|
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|
|
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Movements of the year
|
|
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|
|
|
|
|
|
|
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|
|
|
|
|
|
|
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Currency translation adjustment
|
8,279
|
|
|
56,463
|
|
|
640
|
|
|
6,188
|
|
|
364
|
|
|
71,934
|
|
|
Increase due to business combinations (*)
|
1,990
|
|
|
14,352
|
|
|
-
|
|
|
-
|
|
|
-
|
|
|
16,342
|
|
|
Additions
|
-
|
|
|
3,164
|
|
|
598
|
|
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550,901
|
|
|
13,758
|
|
|
568,421
|
|
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Transfers / Reclassifications
|
83,893
|
|
|
464,662
|
|
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39,070
|
|
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(586,719
|
) |
|
-
|
|
|
906
|
|
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Decrease due to deconsolidation of subsidiaries (**)
|
-
|
|
|
(362
|
) |
|
(11
|
) |
|
-
|
|
|
-
|
|
|
(373
|
) |
|
Disposals / Consumptions (***)
|
(57,445
|
) |
|
(818
|
) |
|
(461
|
) |
|
(6,369
|
) |
|
(6,849
|
) |
|
(71,942
|
) |
|
Depreciation charge
|
(14,728
|
) |
|
(464,041
|
) |
|
(20,666
|
) |
|
-
|
|
|
(2,242
|
) |
|
(501,677
|
) |
|
Movements of the year
|
21,989
|
|
|
73,420
|
|
|
19,170
|
|
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(35,999
|
) |
|
5,031
|
|
|
83,611
|
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|
|
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|
|
|
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At the end of the year
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Cost
|
967,135
|
|
|
14,517,757
|
|
|
458,610
|
|
|
336,991
|
|
|
89,139
|
|
|
16,369,632
|
|
|
Accumulated depreciation and impairment
|
(187,736
|
) |
|
(9,570,835
|
) |
|
(365,878
|
) |
|
-
|
|
|
(40,101
|
) |
|
(10,164,550
|
) |
|
Property, plant and equipment, net at the end of the year
|
779,399
|
|
|
4,946,922
|
|
|
92,732
|
|
|
336,991
|
|
|
49,038
|
|
|
6,205,082
|
|
|
Year ended December 31, 2024
|
Land and civil buildings
|
|
|
Industrial buildings, plant and production equipment
|
|
|
Vehicles, furniture and fixtures
|
|
|
Work in progress
|
|
|
Spare parts and equipment
|
|
|
Total
|
|
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At the beginning of the year
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Cost
|
889,957
|
|
|
13,538,273
|
|
|
416,913
|
|
|
396,103
|
|
|
71,834
|
|
|
15,313,080
|
|
|
Accumulated depreciation and impairment
|
(164,894
|
) |
|
(8,696,044
|
) |
|
(351,309
|
) |
|
-
|
|
|
(22,654
|
) |
|
(9,234,901
|
) |
|
Property, plant and equipment, net at the beginning of the year
|
725,063
|
|
|
4,842,229
|
|
|
65,604
|
|
|
396,103
|
|
|
49,180
|
|
|
6,078,179
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Movements of the year
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Currency translation adjustment
|
(4,637
|
) |
|
(26,793
|
) |
|
(266
|
) |
|
(4,391
|
) |
|
(161
|
) |
|
(36,248
|
) |
|
Changes due to business combinations (****)
|
12,949
|
|
|
(24,063
|
) |
|
-
|
|
|
653
|
|
|
-
|
|
|
(10,461
|
) |
|
Additions
|
2,176
|
|
|
1,028
|
|
|
433
|
|
|
616,218
|
|
|
15,658
|
|
|
635,513
|
|
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Transfers / Reclassifications
|
48,322
|
|
|
550,891
|
|
|
29,681
|
|
|
(633,440
|
) |
|
-
|
|
|
(4,546
|
) |
|
Disposals / Consumptions
|
(10,197
|
) |
|
(12,526
|
) |
|
(1,183
|
) |
|
(2,153
|
) |
|
(5,704
|
) |
|
(31,763
|
) |
|
Depreciation charge
|
(16,266
|
) |
|
(457,264
|
) |
|
(20,707
|
) |
|
-
|
|
|
(14,966
|
) |
|
(509,203
|
) |
|
Movements of the year
|
32,347
|
|
|
31,273
|
|
|
7,958
|
|
|
(23,113
|
) |
|
(5,173
|
) |
|
43,292
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
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At the end of the year
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost
|
935,704
|
|
|
13,903,542
|
|
|
424,042
|
|
|
372,990
|
|
|
81,438
|
|
|
15,717,716
|
|
|
Accumulated depreciation and impairment
|
(178,294
|
) |
|
(9,030,040
|
) |
|
(350,480
|
) |
|
-
|
|
|
(37,431
|
) |
|
(9,596,245
|
) |
|
Property, plant and equipment, net at the end of the year
|
757,410
|
|
|
4,873,502
|
|
|
73,562
|
|
|
372,990
|
|
|
44,007
|
|
|
6,121,471
|
|
| (*) |
For the year 2025, related to the acquisition of a scrap processing business in Beaver Falls, Pennsylvania. For more information see note 34. |
| (**) |
For the year 2025, related to the deconsolidation of Amaja Tubular Services Limited. |
| (***) |
For the year 2025, includes the unwinding of certain land plots in Saudi Arabia. For more information see note 28. |
| (****) |
For the year 2024, related to Mattr’s pipe coating business unit acquisition. |
|