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
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    • ifrs-full:DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory

    Depreciation is calculated using the straight-line method to amortize the cost of each asset to its residual value over its estimated useful life as follows:
    Land
    No depreciation
    Buildings and improvements
    10-50 years
    Production equipment
    5-40 years
    Vehicles, furniture and fixtures and other equipment
    3-20 years
     
    Year ended December 31, 2017
     
    Land
     
    Buildings
    and
    improvements
     
    Production
    equipment
     
    Vehicles,
    furniture
    and
    fixtures
     
    Work
    in
    progress
     
    Spare
    parts
     
    Total
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Values at the beginning of the year
     
     
     
     
     
     
     
     
     
     
     
     
     
    Cost
    528,991

     
    1,590,063

     
    4,238,201

     
    165,590

     
    337,814

     
    82,652

     
    6,943,311

    Accumulated depreciation
    —

     
    (538,548
    )
     
    (2,146,874
    )
     
    (121,912
    )
     
    —

     
    —

     
    (2,807,334
    )
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Net book value at January 1, 2017
    528,991

     
    1,051,515

     
    2,091,327

     
    43,678

     
    337,814

     
    82,652

     
    4,135,977

     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Opening net book value
    528,991

     
    1,051,515

     
    2,091,327

     
    43,678

     
    337,814

     
    82,652

     
    4,135,977

    Translation differences
    (677
    )
     
    (45,808
    )
     
    (42,248
    )
     
    (1,188
    )
     
    (13,982
    )
     
    (3,697
    )
     
    (107,600
    )
    Acquisition of business (note 3)
    32,187

     
    505,339

     
    602,654

     
    4,102

     
    80,878

     
    31,878

     
    1,257,038

    Additions
    2,778

     
    9,385

     
    84,035

     
    2,307

     
    341,575

     
    16,274

     
    456,354

    Capitalized borrowing costs
    —

     
    —

     
    —

     
    —

     
    563

     
    —

     
    563

    Disposals / Consumptions
    (1,139
    )
     
    (14,776
    )
     
    (167
    )
     
    (922
    )
     
    (612
    )
     
    (14,063
    )
     
    (31,679
    )
    Transfers
    (98
    )
     
    101,661

     
    174,321

     
    13,501

     
    (290,215
    )
     
    690

     
    (140
    )
    Depreciation charge
    —

     
    (73,880
    )
     
    (269,272
    )
     
    (13,898
    )
     
    —

     
    (3,710
    )
     
    (360,760
    )
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Closing net book value
    562,042

     
    1,533,436

     
    2,640,650

     
    47,580

     
    456,021

     
    110,024

     
    5,349,753

     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Values at the end of the year
     
     
     
     
     
     
     
     
     
     
     
     
     
    Cost
    562,042

     
    2,096,959

     
    4,927,478

     
    151,883

     
    456,021

     
    113,188

     
    8,307,571

    Accumulated depreciation
    —

     
    (563,523
    )
     
    (2,286,828
    )
     
    (104,303
    )
     
    —

     
    (3,164
    )
     
    (2,957,818
    )
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Net book value at December 31, 2017
    562,042

     
    1,533,436

     
    2,640,650

     
    47,580

     
    456,021

     
    110,024

     
    5,349,753


     
    Year ended December 31, 2016
     
    Land
     
    Buildings and
    improvements
     
    Production
    equipment
     
    Vehicles,
    furniture
    and
    fixtures
     
    Work
    in
    progress
     
    Spare
    parts
     
    Total
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Values at the beginning of the year
     
     
     
     
     
     
     
     
     
     
     
     
     
    Cost
    528,435

     
    1,505,296

     
    4,066,687

     
    95,202

     
    456,132

     
    87,858

     
    6,739,610

    Accumulated depreciation
    —

     
    (500,464
    )
     
    (1,950,353
    )
     
    (70,437
    )
     
    —

     
    (10,790
    )
     
    (2,532,044
    )
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Net book value at January 1, 2016
    528,435

     
    1,004,832

     
    2,116,334

     
    24,765

     
    456,132

     
    77,068

     
    4,207,566

     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Opening net book value
    528,435

     
    1,004,832

     
    2,116,334

     
    24,765

     
    456,132

     
    77,068

     
    4,207,566

    Translation differences
    (1,429
    )
     
    (50,903
    )
     
    (38,985
    )
     
    (1,516
    )
     
    (29,336
    )
     
    (4,809
    )
     
    (126,978
    )
    Additions
    611

     
    8,161

     
    1,539

     
    5,908

     
    371,575

     
    19,075

     
    406,869

    Capitalized borrowing costs
    —

     
    —

     
    —

     
    —

     
    1,759

     
    —

     
    1,759

    Disposals / Consumptions
    (1,217
    )
     
    (2,048
    )
     
    (265
    )
     
    (1,234
    )
     
    (660
    )
     
    (16,232
    )
     
    (21,656
    )
    Transfers
    2,591

     
    157,454

     
    266,704

     
    30,617

     
    (461,656
    )
     
    945

     
    (3,345
    )
    Depreciation charge
    —

     
    (65,981
    )
     
    (254,000
    )
     
    (14,862
    )
     
    —

     
    6,605

     
    (328,238
    )
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Closing net book value
    528,991

     
    1,051,515

     
    2,091,327

     
    43,678

     
    337,814

     
    82,652

     
    4,135,977

     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Values at the end of the year
     
     
     
     
     
     
     
     
     
     
     
     
     
    Cost
    528,991

     
    1,590,063

     
    4,238,201

     
    165,590

     
    337,814

     
    82,652

     
    6,943,311

    Accumulated depreciation
    —

     
    (538,548
    )
     
    (2,146,874
    )
     
    (121,912
    )
     
    —

     
    —

     
    (2,807,334
    )
     
     
     
     
     
     
     
     
     
     
     
     
     
     
    Net book value at December 31, 2016
    528,991

     
    1,051,515

     
    2,091,327

     
    43,678

     
    337,814

     
    82,652

     
    4,135,977