TENARIS SA | CIK:0001190723 | 3

  • Filed: 4/30/2018
  • Entity registrant name: TENARIS SA (CIK: 0001190723)
  • Generator: Thunderdome
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1190723/000117184318003182/0001171843-18-003182-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1190723/000117184318003182/ts-20171231.xml
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  • ifrs-full:DisclosureOfGeneralAndAdministrativeExpenseExplanatory

    3
    Selling, general and administrative expenses
     
        Year ended December 31,  
    (all amounts in thousands of U.S. dollars)   2017     2016     2015  
                       
    Services and fees    
    132,301
         
    123,653
         
    158,541
     
    Labor cost    
    443,338
         
    441,355
         
    579,360
     
    Depreciation of property, plant and equipment    
    17,979
         
    16,965
         
    18,543
     
    Amortization of intangible assets    
    188,550
         
    241,238
         
    238,539
     
    Commissions, freight and other selling expenses    
    339,759
         
    243,401
         
    351,657
     
    Provisions for contingencies    
    17,664
         
    30,841
         
    19,672
     
    Allowances for doubtful accounts    
    (5,421
    )    
    (12,573
    )    
    36,788
     
    Taxes    
    56,826
         
    67,724
         
    129,018
     
    Other    
    81,061
         
    76,563
         
    92,157
     
         
    1,272,057
         
    1,229,167
         
    1,624,275
     
    From discontinued operations    
    (2,041
    )    
    (32,238
    )    
    (30,678
    )
         
    1,270,016
         
    1,196,929
         
    1,593,597