Ternium S.A. | CIK:0001342874 | 3

  • Filed: 4/24/2018
  • Entity registrant name: Ternium S.A. (CIK: 0001342874)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1342874/000134287418000009/0001342874-18-000009-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1342874/000134287418000009/tx-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001342874
  • Open this page in separate window: Click
  • ifrs-full:DisclosureOfInterestsInSubsidiariesExplanatory

    Detailed below are the companies whose financial statements have been consolidated and accounted for interest in these consolidated financial statements
     
     
    Country of
     
     
     
    Percentage of ownership
    at December 31,
    Company
     
    Organization
     
    Main activity
     
    2017
     
    2016
     
    2015
    Ternium S.A.
     
    Luxembourg
     
    Holding
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Investments S.à.r.l.
     
    Luxembourg
     
    Holding
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Solutions A.G. (1)
     
    Switzerland
     
    Services
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Participaçoes S.A. (formerly Ternium Brasil S.A.) (1)
     
    Brazil
     
    Holding
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Investments Switzerland AG (1)
     
    Switzerland
     
    Holding
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Internacional España S.L.U. (1)
     
    Spain
     
    Marketing of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium USA Inc. (1)
     
    USA
     
    Manufacturing and selling of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Argentina S.A. (formerly Siderar S.A.I.C.) (2)
     
    Argentina
     
    Manufacturing and selling of flat steel products
     
    60.94
    %
     
    60.94
    %
     
    60.94
    %
    Impeco S.A. (3)
     
    Argentina
     
    Manufacturing of pipe products
     
    60.97
    %
     
    60.97
    %
     
    60.97
    %
    Prosid Investments S.A. (4)
     
    Uruguay
     
    Holding
     
    60.94
    %
     
    60.94
    %
     
    60.94
    %
    Ternium Mexico S.A. de C.V. (5)
     
    Mexico
     
    Holding
     
    88.78
    %
     
    88.78
    %
     
    88.72
    %
    Hylsa S.A. de C.V. (6)
     
    Mexico
     
    Manufacturing and selling of steel products
     
    88.78
    %
     
    88.78
    %
     
    88.72
    %
    Las Encinas S.A. de C.V. (6)
     
    Mexico
     
    Exploration, exploitation and pelletizing of iron ore
     
    88.78
    %
     
    88.78
    %
     
    88.72
    %
    Ferropak Comercial S.A. de C.V. (6)
     
    Mexico
     
    Scrap services company
     
    88.78
    %
     
    88.78
    %
     
    88.72
    %
    Galvamet America Corp (6)
     
    USA
     
    Manufacturing and selling of insulated panel products
     
    88.78
    %
     
    88.78
    %
     
    88.72
    %
    Transamerica E. & I. Trading Corp. (6)
     
    USA
     
    Scrap services company
     
    88.78
    %
     
    88.78
    %
     
    88.72
    %
    Técnica Industrial S.A. de C.V. (6)
     
    Mexico
     
    Services
     
    88.78
    %
     
    88.78
    %
     
    88.72
    %
    Acedor, S.A. de C.V. (6)
     
    Mexico
     
    Holding
     
    88.78
    %
     
    88.78
    %
     
    88.72
    %
    Galvacer America Inc (7)
     
    USA
     
    Distributing company
     

     
    88.78
    %
     
    88.72
    %
    Ternium Gas México S.A. de C.V. (8)
     
    Mexico
     
    Energy services company
     
    88.78
    %
     
    88.78
    %
     
    88.72
    %
    Ternium Internacional Guatemala S.A. (9)
     
    Guatemala
     
    Selling of steel products
     
    99.98
    %
     
    99.98
    %
     
    99.98
    %
    Consorcio Minero Benito Juarez Peña Colorada S.A.de C.V. (10)
     
    Mexico
     
    Exploration, exploitation and pelletizing of iron ore
     
    44.39
    %
     
    44.39
    %
     
    44.36
    %
    Peña Colorada Servicios S.A. de C.V. (10)
     
    Mexico
     
    Services
     
    44.39
    %
     
    44.39
    %
     
    44.36
    %
    Exiros B.V. (10)
     
    Netherlands
     
    Procurement and trading services
     
    50.00
    %
     
    50.00
    %
     
    50.00
    %
    Servicios Integrales Nova de Monterrey S.A. de C.V. (11)
     
    Mexico
     
    Medical and Social Services
     
    66.14
    %
     
    66.14
    %
     
    66.09
    %
    Ternium Internacional Nicaragua S.A.
     
    Nicaragua
     
    Manufacturing and selling of steel products
     
    99.38
    %
     
    99.38
    %
     
    99.38
    %
    Ternium Internacional Honduras S.A. de C.V.
     
    Honduras
     
    Manufacturing and selling of steel products
     
    99.18
    %
     
    99.18
    %
     
    99.18
    %
    Ternium Internacional El Salvador S.A. de C.V.
     
    El Salvador
     
    Manufacturing and selling of steel products
     
    99.92
    %
     
    99.92
    %
     
    99.91
    %
    Ternium Internacional Costa Rica S.A.
     
    Costa Rica
     
    Manufacturing and selling of steel products
     
    99.98
    %
     
    99.98
    %
     
    99.98
    %
    Ternium Colombia S.A.S. (formerly Ferrasa S.A.S.) (12)
     
    Colombia
     
    Manufacturing and selling of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium del Cauca S.A.S. (formerly Perfilamos del Cauca S.A.S.) (12)
     
    Colombia
     
    Manufacturing and selling of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Siderúrgica de Caldas S.A.S. (formerly Siderúrgica de Caldas S.A.S.) (12)
     
    Colombia
     
    Manufacturing and selling of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Tenigal S. de R.L. de C.V. (13)
     
    Mexico
     
    Manufacturing and selling of steel products
     
    51.00
    %
     
    51.00
    %
     
    51.00
    %
    Ternium Internacional S.A. (14)
     
    Uruguay
     
    Holding and marketing of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
     
     
    Country of
     
     
     
    Percentage of ownership
    at December 31,
    Company
     
    Organization
     
    Main activity
     
    2017
     
    2016
     
    2015
     
     
     
     
     
     
     
     
     
     
     
    Ternium Treasury Services S.A. (14)
     
    Uruguay
     
    Financial Services
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Internationaal B.V. (15)
     
    Netherlands
     
    Marketing of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium International Inc. (15)
     
    Panama
     
    Marketing of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Procurement S.A. (16)
     
    Uruguay
     
    Procurement services
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Technology & Engineering Services S.A. (16)
     
    Uruguay
     
    Engineering and other services
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium International USA Corporation (17)
     
    USA
     
    Marketing of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Internacional de Colombia S.A.S. (18)
     
    Colombia
     
    Marketing of steel products
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Ternium Ingeniería y Servicios de México S.A. de C.V.
     
    Mexico
     
    Engineering and other services
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Soluciones Integrales de Gestión S.A. (19)
     
    Argentina
     
    Other services
     
    100.00
    %
     
    100.00
    %
     
    100.00
    %
    Procesadora de Materiales Industriales S.A. (20)
     
    Colombia
     
    Scrap services company
     

     

     
    100.00
    %
    Ferropak Servicios S.A. de C.V. (21)
     
    Mexico
     
    Services
     

     

     
    88.72
    %
    Corporativo Grupo Imsa S.A. de C.V. (21)
     
    Mexico
     
    Services
     

     

     
    88.72
    %
    Ternium International Ecuador S.A. (22)
     
    Ecuador
     
    Marketing of steel products
     

     

     
    100.00
    %
    Ternium Staal B.V. (23)
     
    Netherlands
     
    Holding and marketing of steel products
     
    100.00

     

     

    Ternium Brasil Ltda. (23)
     
    Brazil
     
    Manufacturing and selling of steel products
     
    100.00

     

     

    Ecosteel Gestao de Efuentes Industriais S.A. (23)
     
    Brazil
     
    Other services
     
    100.00

     

     

    Ecosteel Gestao de Águas Industriais S.A. (23)
     
    Brazil
     
    Other services
     
    100.00

     

     

    Ternium del Atlántico S.A.S (24)
     
    Colombia
     
    Manufacturing and selling of steel products
     
    100.00

     

     

    (1) Indirectly through Ternium Investments S.à.r.l. Total voting rights held: 100.00%.
    (2) During the fourth quarter of 2017, Siderar S.A.I.C. changed its business name to Ternium Argentina S.A. Indirectly through Ternium Internacional España S.L.U. Total voting rights held: 60.94%.
    (3) Since the fourth quarter of 2017, indirectly through Ternium Argentina S.A. and Soluciones Integrales S.A Total voting rights held 100.00%. Before that, indirectly through Ternium Argentina S.A. and Ternium Internacional S.A.
    (4) Since the fourth quarter 2017, indirectly through Ternium Argentina S.A. and Ternium Procurement S.A. Total voting rights held 100.00%. Before that indirectly through Ternium Argentina S.A. and Ternium Internacional S.A.
    (5) Since the fourth quarter 2017, indirectly through Ternium Argentina S.A. and Ternium Internacional España S.L.U. Total voting rights held 100.00%. Before that indirectly through Ternium Argentina S.A., Ternium Internacional S.A. and Ternium Internacional España S.L.U.
    (6) Indirectly through Ternium Mexico S.A. de C.V. Total voting rights held: 100.00%.
    (7) This company dissolved as of December 11, 2017.
    (8) Indirectly through Ternium Mexico S.A. de C.V. and Tenigal S. de R.L. de C.V. Total voting rights held: 100.00%.
    (9) Indirectly through Ternium Internacional España S.L.U. Total voting rights held: 100.00%.
    (10) Total voting rights held: 50.00%.
    (11) Indirectly through Ternium Mexico S.A. de C.V. Total voting rights held: 74.50%.
    (12) Indirectly through Ternium Internacional España S.L.U.. Total voting rights held: 100.00%. See note 2 (b).
    (13) Indirectly through Ternium Internacional España S.L.U. Total voting rights held: 51.00%.
    (14) Indirectly through Ternium Investments Switzerland AG. Total voting rights held: 100.00%.
    (15) Since the third quarter 2017, indirectly through Ternium Investments S.à.r.l. Total voting rights held 100.00%. Before that, indirectly through Ternium Investments Switzerland AG.
    (16) Since the third quarter of 2017, indirectly through Ternium Internacional España S.L.U. Total voting rights held 100.00%. Before that, indirectly through Ternium Investments Switzerland AG.
    (17) Since the fourth quarter 2017, indirectly through Ternium Investments S.à.r.l. Total voting rights held: 100.00%. Before that, indirectly through Ternium Internacional S.A.
    (18) Indirectly through Ternium Internacional S.A. Total voting rights held 100.00%.
    (19) Since the third quarter of 2017, indirectly through Ternium Investments Sà.r.l and Ternium Internacional España S.L.U. Total voting rights held 100.00%. Before that indirectly throgh Ternium Investments S.à.r.l and Technology and Engineering Services S.A.
    (20) This company was dissolved as of December 6, 2016.
    (21) Merged with Hylsa S.A. de C.V. during the fourth quarter of 2016.
    (22) This company was dissolved as of September 27, 2016.
    (23) Indirectly through Ternium Investments S.à.r.l. Total voting right held: 100.00%.
    (24) Indirectly through Ternium Internacional España S.L.U. Total voting rights held: 100.00%.