TERNIUM S.A.
Notes to the Consolidated Financial Statements (contd.)
Year ended December 31, 2009
Flat steel products
Net sales
4,249,979
Cost of sales
(3,634,854)
Long steel products
Other
(392,983)
615,125
179,917
Selling, general and administrative expenses
(477,067)
(40,739)
Other operating income (expenses), net
(21,303)
Operating income
116,755
139,592
Capital expenditures – PP&E
178,425
Depreciation – PP&E
Total
572,900
Gross profit
Unallocated
136,104
–
4,958,983
(82,533)
–
(4,110,370)
53,571
–
848,613
(13,724)
–
(531,530)
189
–
(20,700)
40,036
–
296,383
10,270
1,983
–
190,678
287,177
19,017
6,786
–
312,980
1,219,347
102,423
28,798
–
414
Segment assets Inventories, net Trade receivables, net Property, plant and equipment, net Intangible assets, net
1,350,568
437,835
349,230
60,825
27,780
–
3,724,825
263,461
52,129
–
4,040,415
977,552
60,795
47,065
–
1,085,412
Assets – discontinued operations
–
–
964,359
964,359
Other assets
–
–
2,414,084
2,414,084
Year ended December 31, 2008
Flat steel products
Long steel products
Net sales
7,124,687
1,075,090
Cost of sales
(5,256,340)
Gross profit
1,868,347
Selling, general and administrative expenses Other operating income (expenses), net
342,758
(80,303)
Unallocated
Total
(732,332)
(560,189)
Operating income
Other
265,108
–
8,464,885
(139,355)
–
(6,128,027)
125,753
–
2,336,858
(28,981)
–
2,789
2,419
3,454
–
1,310,947
264,874
100,226
–
(669,473)
8,662 1,676,047
Capital expenditures – PP&E
511,658
29,684
2,915
–
544,257
Depreciation – PP&E
311,624
18,422
3,715
–
333,761
1,708,324
100,494
17,729
–
Segment assets Inventories, net Trade receivables, net
1,826,547
622,992
449,168
133,673
40,151
–
Property, plant and equipment, net
3,911,919
260,295
39,469
–
4,212,313
Intangible assets, net
1,039,337
51,769
45,261
–
1,136,367
–
–
1,318,900
1,318,900
–
–
1,554,128
1,554,128
Assets – discontinued operations Other assets
73. Annual Report 2010