v3.26.1
Note 12 - Intangible assets, net (Tables)
12 Months Ended
Dec. 31, 2025
Note 12 - Intangible assets, net  
Disclosure of reconciliation of changes in intangible assets and goodwill [text block]

Year ended December 31, 2025

Information system projects



Licenses, patents and trademarks (*)



Goodwill



Customer relationships



Total


At the beginning of the year















Cost

661,605



575,607



2,474,693



1,776,037



5,487,942


Accumulated amortization and impairment

(564,499

)

(416,311

)

(1,384,674

)

(1,764,709

)

(4,130,193

)

Intangible assets, net at the beginning of the year

97,106



159,296



1,090,019



11,328



1,357,749

















Movements of the year















Currency translation adjustment

880



7



139



-



1,026


Increase due to business combinations (**)

-



-



1,324



-



1,324


Additions

37,449



11,313



-



-



48,762


Transfers / Reclassifications

(906

)

-



-



-



(906

)

Disposals

(15

)

-



-



-



(15

)

Amortization charge

(30,036

)

(9,460

)

-



(11,328

)

(50,824

)

Movements of the year

7,372



1,860



1,463



(11,328

)

(633

)
















At the end of the year















Cost

692,274



586,938



2,476,156



1,776,057



5,531,425


Accumulated amortization and impairment

(587,796

)

(425,782

)

(1,384,674

)

(1,776,057

)

(4,174,309

)

Intangible assets, net at the end of the year

104,478



161,156



1,091,482



-



1,357,116



(*) Includes Proprietary Technology.
(**) For the year 2025, related to the acquisition of a scrap processing business in Beaver Falls, Pennsylvania. For more information see note 34.


Year ended December 31, 2024

Information system projects



Licenses, patents and trademarks (*)



Goodwill



Customer relationships



Total


At the beginning of the year















Cost

648,887



560,549



2,488,381



1,790,680



5,488,497


Accumulated amortization and impairment

(576,722

)

(407,217

)

(1,384,674

)

(1,742,774

)

(4,111,387

)

Intangible assets, net at the beginning of the year

72,165



153,332



1,103,707



47,906



1,377,110

















Movements of the year















Currency translation adjustment

(285

)

(4

)

(67

)

(2

)

(358

)

Changes due to business combinations (**)

-



-



(13,621

)

(14,590

)

(28,211

)

Additions

43,445



14,998



-



-



58,443


Transfers / Reclassifications

4,476



70



-



-



4,546


Disposals

(31

)

-



-



-



(31

)

Amortization charge

(22,664

)

(9,100

)

-



(21,986

)

(53,750

)

Movements of the year

24,941



5,964



(13,688

)

(36,578

)

(19,361

)
















At the end of the year















Cost

661,605



575,607



2,474,693



1,776,037



5,487,942


Accumulated amortization and impairment

(564,499

)

(416,311

)

(1,384,674

)

(1,764,709

)

(4,130,193

)

Intangible assets, net at the end of the year

97,106



159,296



1,090,019



11,328



1,357,749



(*) Includes Proprietary Technology.
(**)

For the year 2024, related to Mattr’s pipe coating business unit acquisition.

Disclosure of information for cash-generating units [text block]

(all amounts in millions of U.S. dollars)










Tubes Segment





CGU

Hydril Acquisition



Other



Total


Tamsa

346



19



365


Siderca

265



93



358


Hydril

309



-



309


Other

-



59



59


Total

920



171



1,091