DOCSLIB.ORG

Ternium S.A. Consolidated Condensed Interim

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Ternium S.A. Consolidated Condensed Interim TERNIUM S.A. CONSOLIDATED CONDENSED INTERIM FINANCIAL STATEMENTS AS OF JUNE 30, 2008 AND FOR THE SIX-MONTH PERIODS ENDED JUNE 30, 2008 AND 2007 46a, Avenue John F. Kennedy, 2nd floor L – 1855 R.C.S. Luxembourg : B 98 668 TERNIUM S.A. Consolidated condensed interim financial statements as of June 30, 2008 and for the six-month periods ended June 30, 2008 and 2007 (All amounts in USD thousands) CONSOLIDATED CONDENSED INTERIM INCOME STATEMENTS Three-month period Six-month period ended June 30, ended June 30, Notes 2008 2007 2008 2007 (Unaudited) (Unaudited) Continuing operations Net sales 3 2,374,792 1,255,851 4,327,474 2,430,668 Cost of sales 3 & 4 (1,584,120) (931,090) (3,036,889) (1,809,681) Gross profit 3 790,672 324,761 1,290,585 620,987 Selling, general and administrative expenses 3 & 5 (181,783) (118,221) (328,377) (211,042) Other operating income (expenses), net 3 1,468 (3,547) 11,412 3,138 Operating income 3 610,357 202,993 973,620 413,083 Interest expense (30,112) (10,394) (74,390) (24,518) Interest income 12,035 7,701 24,143 14,948 Other financial income (expenses), net 6 115,488 (10,772) 118,396 6,158 Equity in earnings (losses) of associated companies 445 (362) 890 (825) Income before income tax expense 708,213 189,166 1,042,659 408,846 Income tax (expense) benefit Current and deferred income tax expense (209,333) (73,168) (316,414) (161,009) Reversal of deferred statutory profit sharing 9 - - 96,265 - Income from continuing operations 498,880 115,998 822,510 247,837 Discontinued operations Income from discontinued operations 12 - 198,955 159,937 318,743 Net income for the period 498,880 314,953 982,447 566,580 Attributable to: Equity holders of the Company 415,634 236,928 837,759 459,059 Minority interest 83,246 78,025 144,688 107,521 498,880 314,953 982,447 566,580 Weighted average number of shares outstanding 2,004,743,442 2,004,743,442 2,004,743,442 2,004,743,442 Basic and diluted earnings per share for profit attributable to the equity holders of the Company (expressed in USD per share) 0.21 0.12 0.42 0.23 The accompanying notes are an integral part of these consolidated condensed interim financial statements. These consolidated condensed interim financial statements should be read in conjunction with our audited Consolidated Financial Statements and notes for the fiscal year ended December 31, 2007. -2- TERNIUM S.A. Consolidated condensed interim financial statements as of June 30, 2008 and for the six-month periods ended June 30, 2008 and 2007 (All amounts in USD thousands) CONSOLIDATED CONDENSED BALANCE SHEETS Notes June 30, 2008 December 31, 2007 (1) ASSETS (Unaudited) Non-current assets Property, plant and equipment, net 7 5,188,007 6,858,779 Intangible assets, net 8 1,500,973 1,452,230 Investments in associated companies 4,743 44,042 Other investments, net 15,422 14,815 Deferred tax assets 2,243 31,793 Receivables, net 58,024 6,769,412 217,638 8,619,297 Current assets Receivables 260,746 426,038 Derivative financial instruments 464 577 Inventories, net 2,337,968 1,913,051 Trade receivables, net 1,051,175 847,827 Available for sale assets – discontinued operations 12 (ii) 1,318,900 - Other investments - 65,337 Cash and cash equivalents 688,763 5,658,016 1,126,041 4,378,871 Non-current assets classified as held for sale 6,674 769,142 5,664,690 5,148,013 Total assets 12,434,102 13,767,310 EQUITY Capital and reserves attributable to the company’s equity holders 5,353,230 4,452,680 Minority interest 1,195,595 1,914,210 Total equity 6,548,825 6,366,890 LIABILITIES Non-current liabilities Provisions 29,255 57,345 Deferred income tax 1,233,381 1,337,039 Other liabilities 176,557 336,500 Trade payables - 6,690 Borrowings 2,569,090 4,008,283 3,677,497 5,415,071 Current liabilities Current tax liabilities 199,181 184,766 Other liabilities 137,776 182,239 Trade payables 927,942 983,884 Derivative financial instruments 15,369 13,293 Borrowings 596,726 1,876,994 407,404 1,771,586 Liabilities directly associated with non-current assets classified as held for sale - 213,763 1,876,994 1,985,349 Total liabilities 5,885,277 7,400,420 Total equity and liabilities 12,434,102 13,767,310 Contingencies, commitments and restrictions to the distribution of profits are disclosed in Note 11. (1) According to IFRS 5, balances related to Sidor have been consolidated on a line-by-line basis as of December 31, 2007. The accompanying notes are an integral part of these consolidated condensed interim financial statements. These consolidated condensed interim financial statements should be read in conjunction with our audited Consolidated Financial Statements and notes for the fiscal year ended December 31, 2007. - 3 - TERNIUM S.A. Consolidated condensed interim financial statements as of June 30, 2008 and for the six-month periods ended June 30, 2008 and 2007 (All amounts in USD thousands) CONSOLIDATED CONDENSED INTERIM STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY Attributable to the Company’s equity holders (1) Capital Initial public Revaluation Capital stock Currency Retained Total Minority Total stock (2) offering and other issue discount translation earnings interest Equity expenses reserves (3) (4) adjustment Balance at January 1, 2008 2,004,744 (23,295) 1,946,962 (2,324,866) (110,739) 2,959,874 4,452,680 1,914,210 6,366,890 Currency translation adjustment 165,610 165,610 45,963 211,573 Net income for the period 837,759 837,759 144,688 982,447 Change in fair value of cash flow hedge (net of taxes) (2,582) (2,582) (329) (2,911) Total recognized income for the period (2,582) 165,610 837,759 1,000,787 190,322 1,191,109 Dividends paid in cash and other distributions (100,237) (100,237) - (100,237) Dividends paid in cash and other distributions by subsidiary companies (19,595) (19,595) Minority interest in discontinued operations (889,342) (889,342) Balance at June 30, 2008 2,004,744 (23,295) 1,844,143 (2,324,866) 54,871 3,797,633 5,353,230 1,195,595 6,548,825 Balance at January 1, 2007 2,004,744 (23,295) 2,047,199 (2,324,866) (121,608) 2,175,384 3,757,558 1,729,583 5,487,141 Currency translation adjustment 7,177 7,177 (1,791) 5,386 Net income for the period 459,059 459,059 107,521 566,580 Total recognized income for the period 7,177 459,059 466,236 105,730 571,966 Dividends paid in cash and other distributions (100,237) (100,237) (100,237) Dividends paid in cash and other distributions by subsidiary companies - (19,871) (19,871) Acquisition of business (130) (130) Balance at June 30, 2007 2,004,744 (23,295) 1,946,962 (2,324,866) (114,431) 2,634,443 4,123,557 1,815,312 5,938,869 (1) Shareholders’ equity determined in accordance with accounting principles generally accepted in Luxembourg is disclosed in Note 11 (iii). (2) At June 30, 2008, the Capital Stock adds up to 2,004,743,442 shares at a nominal value of USD 1 each. (3) See Note 2. (4) Represents the difference between book value of non-monetary contributions received from shareholders under Luxembourg GAAP and IFRS. Dividends may be paid by Ternium to the extent distributable retained earnings calculated in accordance with Luxembourg law and regulations exist. Therefore, retained earnings included in these consolidated condensed interim financial statements may not be wholly distributable. See Note 11 (iii). The accompanying notes are an integral part of these consolidated condensed interim financial statements. These consolidated condensed interim financial statements should be read in conjunction with our audited Consolidated Financial Statements and notes for the fiscal year ended December 31, 2007. -4- TERNIUM S.A. Consolidated condensed interim financial statements as of June 30, 2008 and for the six-month periods ended June 30, 2008 and 2007 (All amounts in USD thousands) CONSOLIDATED CONDENSED INTERIM CASH FLOW STATEMENTS Six-month period Notes ended June, 30 2008 2007 (Unaudited) Cash flows from operating activities Income from continuing operations 822,510 247,837 Adjustments for: Depreciation and amortization 7 & 8 210,633 144,722 Income tax accruals less payments 74,455 (1,483) Equity in (earnings) losses of associated companies (890) 825 Interest accruals less payments (84,650) (2,716) Changes in provisions 2,032 (9,777) Changes in working capital (940,820) 144,698 Others (126,190) (3,361) Net cash (used in) provided by operating activities (42,920) 520,745 Cash flows from investing activities Capital expenditures 7& 8 (250,845) (162,763) Proceeds from the sale of property, plant and equipment 1,001 6,192 Acquisition of business - (130) Decrease in other investments 65,337 - Proceeds from the sale of discontinued operations 12 (i) 722,523 - Discontinued operations 12 (iv) 89,820 269,213 Net cash provided by investing activities 627,836 112,512 Cash flows from financing activities Dividends paid in cash and other distributions (100,237) (100,237) Dividends paid in cash and other distributions by subsidiary companies (19,595) (19,871) Proceeds from borrowings 181,305 112,265 Repayments of borrowings (931,441) (527,582) Net cash used in financing activities (869,968) (535,425) (Decrease)/Increase in cash and cash equivalents (285,052) 97,832 Movement in cash and cash equivalents At January 1, 1,126,041 633,002 Effect of exchange rate changes 5,668 9 (Decrease)/Increase in cash and cash equivalents (285,052) 97,832 Cash & cash equivalents of discontinued operations at March 31, 2008 (157,894) - Cash and cash equivalents at June 30, 688,763 730,843 The accompanying notes are an integral part of these consolidated condensed interim financial statements.
Load more

Recommended publications
  • Market Insights · Business Development · Networking · Industry Leadership
    www.BondsLoansArgentina.com MARKET INSIGHTS · BUSINESS DEVELOPMENT · NETWORKING · INDUSTRY LEADERSHIP Gold Sponsor: Cocktail Sponsor: Silver Sponsors: Bronze Sponsors: Great event, full of interesting people for networking and a high level of speakers in each panel. I look forward to the next edition. Esteban Pérez Andrich, National Director of Renewable Energy, Ministry of Energy and Mining of Argentina Senior speakers and access to behind the scene market insights Issuers and Borrowers 10% • Matías Salerno, Chief Financial Officer, Law Firms Grupo CAPSA / CAPEX • Jorge Diehl, Corporate Treasurer, Aluar 10% • Daniel Hanna, Corporate Finance Manager, Government 30% Pampa Energia Corporates • Federico Barroetaveña, Chief Financial Officer, Techint Engineering & Construction Speaker • Doris Capurro, President, CEO & Founder, 10% Luft Energía S.A. Advisors Breakdown • Ramiro Molina, Chief Financial Officer, Plaza Logistica • Juan Francisco Mihanovich, Capital Markets and Finance Manager, Grupo Newsan • Patricio Aguirre, Chief Financial Officer, San Miguel • Tomás Darmandrail, National Director of Public 20% 20% Investors and Economists Private Partnership Projects, Ministry of the Treasury Banks Investors • Esteban Pérez Andrich, National Director Of • Ricardo Daud, Chief Executive Officer, Renewable Energy, Santander Río Asset Management Ministry of Energy and Mining, Argentina • Carlos Planas, President and Head Portfolio, Axis Sociedad Gerente de Fondos Comunes de Inversion • Leandro Fisanotti, Advisor to the Board, The event was great, and very useful to Fondos Pellegrini • Juan Ignacio Ruth, Chief Investment Officer, participate, and to be updated, with the Swiss Médical opinions of experts from different sectors, • Miguel Zielonka, Associate Director, EconViews • Roger Horn, Executive Director, Senior Emerging in this complex moment of financing in Markets Desk Analyst, Fixed Income Sales & Trading, SMBC Nikko Securities America the country.
    [Show full text]
  • The Costs of Sovereign Default: Evidence from Argentina, Online Appendix
    The Costs of Sovereign Default: Evidence from Argentina, Online Appendix Benjamin Hebert´ and Jesse Schreger May 2017 1 Contents A Data Construction Details 4 A.1 Data Sources . .4 A.2 Firm Classifications . .5 A.3 Exchange Rate Construction . .9 A.4 Construction of Risk-Neutral Default Probabilities . 12 B Additional Figures 16 C Standard Errors and Confidence Intervals 18 D Event Studies 19 D.1 IV-Style Event Study . 19 D.2 Standard Event Studies . 20 E Alternative Specifications 25 E.1 Alternative Event Windows for the CDS-IV Estimator . 25 E.2 Alternate Measures of Default Probability . 27 F Issues Regarding Weak/Irrelevant Instruments 31 F.1 Tests of Differences in Variances . 31 F.2 Irrelevant Instruments . 32 G Additional Results 33 G.1 Mexico, Brazil, and Other Countries . 33 G.2 Multinational Firms . 34 G.3 Delevered Portfolios . 35 G.4 Local Stock Results . 36 G.5 Individual Bond Prices . 37 G.6 GDP Warrants . 39 H Holdings and Liquidity Data 42 H.1 ADR Holdings Data . 42 H.2 ADR and Equity Liquidity Data . 43 H.3 CDS Liquidity . 43 I Econometric Model 44 2 J Event and Excluded Dates 46 K Appendix References 55 3 A Data Construction Details In this section, we provide additional details about our data construction. A.1 Data Sources In the table below, we list the data sources used in the paper. The data source for the credit default swap prices is Markit, a financial information services company. We use Markit’s composite end- of-day spread, which we refer to as the “close.” The composite end-of-day spread is gathered over a period of several hours from various market makers, and is the spread used by those market makers to value their own trading books.
    [Show full text]
  • The Mineral Industry of Argentina in 2011
    2011 Minerals Yearbook ARGENTINA U.S. Department of the Interior September 2013 U.S. Geological Survey THE MINERAL INDUSTRY OF ARGENTINA By Susan Wacaster Argentina is a mineral-rich country that produces and Government Policies and Programs exports mineral commodities and raw materials. Argentina has deposits of metals, including copper, gold, lead, silver, Argentina’s Mining Code [El Codigo de Mineria] was and zinc; energy minerals, including natural gas, crude enacted by the Argentine Congress on November 25, 1886. The petroleum, and uranium; a wide variety of industrial minerals; Mining Code underwent significant revisions in 1993 with the and minerals that are important for numerous industrial and enactment of law No. 22,224 (Mining Reorganization Law) manufacturing applications, such as cadmium and lithium. The and law No. 24,228 (Federal Mining Covenant); in 1995 with value of production of goods (including those from agriculture, the enactment of law No. 24,498 (Mining Modernization Law), forestry, and livestock; construction; electricity, gas, and water; law No. 24,523 (creation of the National Mining Trade System fishing; manufacturing; and mining and quarrying industries) of the Mining Secretariat), and law No. 24,585 (Environmental accounted for 37.6% of the country’s nominal gross domestic Protection Mining Law); and in 1997 with the passage of law product (GDP) in 2011 compared with 37.9% in 2010. In No. 25,225 (modifications) (Secretaría de Minería de la Nación, 2011, Argentina was estimated to be the world’s second ranked 2011). producer of boron and the fourth ranked producer of lithium and Argentina’s Secretaría de Minería de la Nación [Mining strontium (from celestite) (Angulo, 2012a, b; Instituto Nacional Secretariat] is responsible for the administration, development, de Estadística y Censos, 2012a; Jaskula, 2012).
    [Show full text]
  • Alphabetical Listing by Company Name
    FOREIGN COMPANIES REGISTERED AND REPORTING WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION December 31, 2015 Alphabetical Listing by Company Name COMPANY COUNTRY MARKET 21 Vianet Group Inc. Cayman Islands Global Market 37 Capital Inc. Canada OTC 500.com Ltd. Cayman Islands NYSE 51Job, Inc. Cayman Islands Global Market 58.com Inc. Cayman Islands NYSE ABB Ltd. Switzerland NYSE Abbey National Treasury Services plc United Kingdom NYSE - Debt Abengoa S.A. Spain Global Market Abengoa Yield Ltd. United Kingdom Global Market Acasti Pharma Inc. Canada Capital Market Acorn International, Inc. Cayman Islands NYSE Actions Semiconductor Co. Ltd. Cayman Islands Global Market Adaptimmune Ltd. United Kingdom Global Market Adecoagro S.A. Luxembourg NYSE Adira Energy Ltd. Canada OTC Advanced Accelerator Applications SA France Global Market Advanced Semiconductor Engineering, Inc. Taiwan NYSE Advantage Oil & Gas Ltd. Canada NYSE Advantest Corp. Japan NYSE Aegean Marine Petroleum Network Inc. Marshall Islands NYSE AEGON N.V. Netherlands NYSE AerCap Holdings N.V. Netherlands NYSE Aeterna Zentaris Inc. Canada Capital Market Affimed N.V. Netherlands Global Market Agave Silver Corp. Canada OTC Agnico Eagle Mines Ltd. Canada NYSE Agria Corp. Cayman Islands NYSE Agrium Inc. Canada NYSE AirMedia Group Inc. Cayman Islands Global Market Aixtron SE Germany Global Market Alamos Gold Inc. Canada NYSE Alcatel-Lucent France NYSE Alcobra Ltd. Israel Global Market Alexandra Capital Corp. Canada OTC Alexco Resource Corp. Canada NYSE MKT Algae Dynamics Corp. Canada OTC Algonquin Power & Utilities Corp. Canada OTC Alianza Minerals Ltd. Canada OTC Alibaba Group Holding Ltd. Cayman Islands NYSE Allot Communications Ltd. Israel Global Market Almaden Minerals Ltd.
    [Show full text]
  • Ternium 20-F 2008
    Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) o Registration statement pursuant to Section 12(b) or 12(g) of the Securities Exchange Act of 1934 or þ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2008 or o Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 or o Shell company report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number: 001-32734 TERNIUM S.A. (Exact Name of Registrant as Specified in its Charter) N/A (Translation of registrant’s name into English) Grand Duchy of Luxembourg (Jurisdiction of incorporation or organization) 46a, Avenue John F. Kennedy — 2 nd floor L-1855 Luxembourg (Address of registrant’s registered office) Beatriz Rodriguez Salas 46A, Avenue John F. Kennedy — 2 nd floor L-1855 Luxembourg Tel. +352 26 68 31 52, Fax. +352 26 68 31 53, e-mail: [email protected] (Name, Telephone, E-Mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange On Which Registered American Depositary Shares New York Stock Exchange Ordinary Shares, par value USD1.00 per share New York Stock Exchange* * Ordinary shares of Ternium S.A. are not listed for trading but only in connection with the registration of American Depositary Shares which are evidenced by American Depositary Receipts.
    [Show full text]
  • Informe Merval 30-06-2021
    INFORME MERVAL 30-06-2021 MATEO MARCHIONI SOCIEDAD DE BOLSA “PROFESIONALISMO, INTEGRIDAD, TRANSPARENCIA Y PRUDENCIA” Tel. 54 9 11 5238-5555 Avenida 25 de Mayo 298 2do www.mmsb.com.ar Instagram:mateomarchionisb piso. CABA-. Tabla de contenido Contenido S&P MERVAL _______________________________________________________________ 1 S&P MERVAL _______________________________________________________________ 2 TERNIUM ARGENTINA S.A.-TXAR- _____________________________________________ 3 GRUPO FINANCIERO GALICIA.-GGAL- __________________________________________ 4 GRUPO FINANCIERO GALICIA.-GGAL- _________________________________________ 5 GRUPO FINANCIERO GALICIA.-GGAL- __________________________________________ 6 BANCO MACRO.-BMA- _______________________________________________________ 7 BANCO MACRO S.A.-BMA- ___________________________________________________ 8 BOLSAS Y MERCADOS ARGENTINOS S.A. -BYMA- __________________________ 9 PAMPA ENERGIA S.A. –PAMP- ________________________________________________ 10 PAMPA ENERGIA S.A. –PAMP- ________________________________________________ 11 BANCO DE VALORES –VALO- ________________________________________________ 12 TRANSPORTADORA GAS DEL SUR S.A. –TGS- _______________________________ 13 TRANSPORTADORA GAS DEL SUR S.A. –TGS- _______________________________ 14 RESUMEN ________________________________________________________________ 15 INFORMACIÓN DE CONTACTO. _______________________________________________ 16 INFORMACIÓN DE LA COMPAÑÍA. ____________________________________________ 16 S&P MERVAL COMPONENTES
    [Show full text]
  • Geographic Listing by Country of Incorporation
    FOREIGN COMPANIES REGISTERED AND REPORTING WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION December 31, 2010 Geographic Listing by Country of Incorporation COMPANY COUNTRY MARKET Antigua Sinovac Biotech Ltd. Antigua Global Mkt Argentina Alto Palermo S.A. Argentina Global Mkt Banco Macro S.A. Argentina NYSE BBVA Banco Frances S.A. Argentina NYSE Cresud Sacif Argentina Global Mkt Empresa Distribuidora y Comercializadora Norte S.A. - Edenor Argentina NYSE Grupo Financiero Galicia S.A. Argentina Global Mkt IRSA Inversiones y Representacions, S.A. Argentina NYSE MetroGas S.A. Argentina OTC Nortel Inversora S.A. Argentina NYSE Pampa Energia SA Argentina NYSE Petrobras Argentina S.A. Argentina NYSE Telecom Argentina S.A. Argentina NYSE Transportadora de Gas del Sur S.A. Argentina NYSE YPF S.A. Argentina NYSE Australia Allied Gold Ltd. Australia OTC Alumina Ltd. Australia NYSE BHP Billiton Ltd. Australia NYSE Genetic Technologies Ltd. Australia Global Mkt Metal Storm Ltd. Australia OTC Novogen Ltd. Australia Global Mkt Orbital Corp Ltd. Australia OTC Prana Biotechnology Ltd. Australia Cap. Mkt Progen Pharmaceuticals Ltd. Australia OTC Rio Tinto Ltd. Australia OTC Samson Oil & Gas Ltd. Australia NYSE-Amex Sims Metal Management Ltd. Australia NYSE Westpac Banking Corp. Australia NYSE Bahamas Calpetro Tankers (Bahamas I) Ltd. Bahamas OTC - Debt Calpetro Tankers (Bahamas II) Ltd. Bahamas OTC - Debt Calpetro Tankers (Bahamas III) Ltd. Bahamas OTC - Debt Ultrapetrol (Bahamas) Ltd. Bahamas Global Mkt Belgium Anheuser-Busch Inbev SA/NV Belgium NYSE Etablissements Delhaize Freres & Cie - Le Lion Belgium NYSE Page 1 COMPANY COUNTRY MARKET Bermuda AllShips Ltd. Bermuda OTC Alpha and Omega Semiconductor Ltd. Bermuda Global Mkt Asia Pacific Wire & Cable Corp.
    [Show full text]
  • TERNIUM S.A. (Exact Name of Registrant As Specified in Its Charter)
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ Registration statement pursuant to Section 12(b) or 12(g) of the Securities Exchange Act of 1934 or Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended ☒ December 31, 2020 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 or ☐ Shell company report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number: 001-3132734 TERNIUM S.A. (Exact name of Registrant as specified in its charter) N/A (Translation of Registrant’s name into English) Grand Duchy of Luxembourg (Jurisdiction of incorporation or organization) 26, Boulevard Royal– 4th floor L-2449 Luxembourg (Address of principal executive offices) Alejandra Hryszkiewicz 26, Boulevard Royal– 4th floor L-2449 Luxembourg Tel. +352 26 68 31 52, Fax. +352 26 53 83 49, e-mail: [email protected] (Name, Telephone, E-Mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange On Which Registered American Depositary Shares TX New York Stock Exchange Ordinary Shares, par value $1.00 per share TX New York Stock Exchange* *Ordinary shares of Ternium S.A. are not directly listed for trading but only in connection with the registration of American Depositary Shares which are evidenced by American Depositary Receipts.
    [Show full text]
  • Ec'al Filantropia
    EC'AL FILANTROPIA . I ti m . ILUSTRACIÓN: LUISA JUNG / WWW.LUISAJUNG.COM SEGÚN UN RELEVAMIENTO DE FORBES, mentos y productos de higiene para 4 millones LAS EMPRESAS ARGENTINAS QUE MÁS de personas de la Ciudad y la Provincia de Bue­ DONARON DESDE LA IRRUPCIÓN DE LA nos Aires. Hasta el 1 de junio, llevaba recaudados PANDEMIA REUNIERON AL MENOS $ 1.262 $538 millones y entregadas 304.200 cajas de MILLONES, ENTRE CIENTOS DE OTRAS 15 kg cada una, que además de artículos de lim­ DONACIONES EN PRODUCTOS Y OTRO TIPO DE ASISTENCIA. CÓMO AYUDAN LAS pieza incluyen más de17 raciones de comida. EMPRESAS EN UNO DE LOS MOMENTOS MÁS De ambas campañas participaron las prin­ DIFÍCILES PARA LA HUMANIDAD. cipales compañías del país que, entre otras ac­ ciones y sumadas a sus respectivas políticas de RSE, motorizan recursos allí donde más se nece­ sitan. Javier García Moritán, al frente de GDFE (Grupo de Fundaciones y Empresas), opina que es interesante la oportunidad de “aprovechar esta reacción para lograr estructurarla y soste­ nerla”. No tanto en términos de volumen de di­ nero, pero sí en cuanto al “compromiso asumido por las empresas en la emergencia, para pensar cómo sus actividades comerciales, financieras y productivas pueden contribuir a un desarrollo de largo plazo. Es decir, cómo ser más eficaces en una visión empresarial en la que todo aquello que se hace o se deja de hacer nunca pierda de vista el impacto económico y social”. En un informe sobre prácticas empresarias socialmente responsables ante la pandemia de la Facultad de Ciencias Económicas de la UBA, relevaron más de 500 prácticas de corporacio­ Es un lugar común, pero nes en Argentina y el mundo.
    [Show full text]
  • Ternium's Performance
    Investor Presentation March 2021 AsTernium of IMarch March 2021 8, 2021 1 Forward-Looking Statements This presentation contains certain forward-looking statements and information relating to Ternium S.A. and its subsidiaries (collectively, “Ternium”) that are based on the current beliefs of its management as well as assumptions made by and information currently available to Ternium. Such statements reflect the current views of Ternium with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of Ternium to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic, political conditions in the countries in which Ternium does business or other countries which have an impact on Ternium’s business activities and investments, changes in interest rates, changes in inflation rates, changes in exchange rates, the degree of growth and the number of consumers in the markets in which Ternium operates and sells its products, changes in steel demand and prices, changes in raw material and energy prices or difficulties in acquiring raw materials or energy supply cut-offs, changes in business strategy and various other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or targeted. Ternium does not intend, and does not assume any obligation, to update these forward-looking statements. Ternium I March 2021 2 Profile Ternium I March 2021 3 Ternium’s Profile A leading steel company in Latin America 20,000 .
    [Show full text]
  • Laminados Y Revestidos Conformados En Frío
    LAMINADOS Y REVESTIDOS CONFORMADOS EN FRÍO TERNIUM. VERSIÓN 01. 2018 WWW.TERNIUM.COM.AR FACEBOOK.COM/GENTEDELACERO @TERNIUMARG /TERNIUMARG TERNIUM ES UNA EMPRESA LÍDER EN AMÉRICA QUE ELABORA Y PROCESA UN AMPLIO RANGO DE PRODUCTOS DE ACERO CON LA MÁS ALTA TECNOLOGÍA. TERNIUM ABASTECE A CLIENTES DE INDUSTRIAS Y SECTORES TAN IMPORTANTES COMO LA CONSTRUCCIÓN, AUTOMOTRIZ Y ENERGÍA, ADEMÁS DE LAS MANUFACTURERAS DE MAQUINARIA AGRÍCOLA, BIENES DE CAPITAL Y DE LÍNEA BLANCA, ENTRE OTROS. TERNIUM Y SUS SUBSIDIARIAS CUENTAN CON 17 CENTROS PRODUCTIVOS EN ARGENTINA, BRASIL, COLOMBIA, ESTADOS UNIDOS, GUATEMALA Y MÉXICO. ADEMÁS, ES EL MAYOR ACCIONISTA DE USIMINAS, COMPAÑÍA LÍDER EN EL MERCADO DE BRASIL. 2 PRODUCTOS Y SERVICIOS INSPIRADOS EN EL CLIENTE Ternium en Argentina cuenta con el operan bajo la norma de Calidad Internacional compromiso de más de cinco mil empleados ISO 9.001 y la norma de Sistemas de Gestión altamente capacitados que trabajan Ambiental ISO 14.001, entregando productos a diario en los centros productivos, y servicios de excelencia. ubicados en la provincia de Buenos Aires Para la comercialización se apoya en una (San Nicolás, Ensenada, Haedo, Florencio red de centros de servicios localizados Varela y Canning), y en Rosario, provincia en Argentina, así como en la estructura de Santa Fe. comercial de Ternium, con sus oficinas Sus productos son concebidos de acuerdo distribuidas en los principales centros con los más elevados niveles de calidad, de consumo del mundo. orientando los recursos tecnológicos Resistente, liviano, sustentable, infinita- y humanos hacia la satisfacción total mente reciclable, el acero es el motor del del cliente. Todas sus plantas industriales desarrollo.
    [Show full text]
  • Carbon Capture Utilization and Storage
    Carbon Capture Utilization and Storage Towards Net-Zero 2021 Compiled by the Kearney Energy Transition Institute Carbon Capture Utilization and Storage Acknowledgements The Kearney Energy Transition Institute wishes to acknowledge the following people for their review of this FactBook: Kamel Bennaceur, CEO at Nomadia Energy Consulting, Former Director of Sustainable Energy Policies and Technologies at IEA, former Minister of Industry, Energy and Mines of Tunisia; as well as Dr. Adnan Shihab-Eldin, Claude Mandil, Antoine Rostand, and Richard Forrest, members of the board for the Kearney Energy Transition Institute. Their review does not imply that they endorse this FactBook or agree with any specific statements herein. About the FactBook: Carbon Capture Utilization and Storage This FactBook seeks to provide an overview of the latest changes in the carbon capture, utilization and storage landscape. It summarizes the main research and development priorities in carbon capture, utilisation and storage, analyses the policies, technologies and economics and presents the status and future of large-scale integrated projects. About the Kearney Energy Transition Institute The Kearney Energy Transition Institute is a non-profit organization that provides leading insights on global trends in energy transition, technologies, and strategic implications for private-sector businesses and public-sector institutions. The Institute is dedicated to combining objective technological insights with economical perspectives to define the consequences and opportunities for decision-makers in a rapidly changing energy landscape. The independence of the Institute fosters unbiased primary insights and the ability to co-create new ideas with interested sponsors and relevant stakeholders. Authors Romain Debarre, Prashant Gahlot, Céleste Grillet and Mathieu Plaisant 2 Executive Summary……………………………………………………………………………………………………………………………….
    [Show full text]