Tenaris sa (TS)
Balance Sheet / TTM
Dec'17Dec'16
Property, plant and equipment, net

6,229

6,001

Intangible assets, net

1,660

1,862

Investments in non-consolidated companies

640

557

Available for sale assets

21

21

Other investments

128

249

Deferred tax assets

153

144

Receivables, net

183

197

Non-current assets

9,017

9,034

Inventories, net

2,368

1,563

Receivables and prepayments, net

143

124

Current tax assets

132

140

Trade receivables, net

1,214

954

Other investments

1,192

1,633

Cash and cash equivalents

330

399

Current assets

5,381

4,817

Assets of disposal group classified as held for sale

0

151

Total assets

14,398

14,003

Capital and reserves attributable to owners of the parent

11,482

11,287

Non-controlling interests

98

125

Total equity

11,580

11,413

Borrowings

34

31

Deferred tax liabilities

457

550

Other liabilities

217

213

Provisions

36

63

Non-current liabilities

746

859

Borrowings

931

808

Current tax liabilities

102

101

Other liabilities

197

183

Provisions

32

22

Customer advances

56

39

Trade payables

750

556

Current liabilities

2,070

1,713

Liabilities of disposal group classified as held for sale

0

18

Total liabilities

2,817

2,590

Total equity and liabilities

14,398

14,003