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Filing exhibits
- 20-F Annual report (foreign)
- 1.1 Updated and Consolidated Articles of Association As of 3/19/2004
- 1.2 Amendment to Articles of Association, Dated March 19, 2004
- 7.1 Statement Explaining Calculation of Ratios
- 12.1 Certification of CEO Pursuant to Section 302 of the Sarbanes-oxley Act of 2002
- 12.2 Certification of CFO Pursuant to Section 302 of the Sarbanes-oxley Act of 2002
- 13.1 Certification of CEO Pursuant to Section 906 of the Sarbanes-oxley Act of 2002
- 13.2 Certification of CFO Pursuant to Section 906 of the Sarbanes-oxley Act of 2002
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Exhibit 7.1
Tenaris – Total Liabilities to Total Assets Ratio
Thousands of U.S. Dollars | December 31, 2003 | December 31, 2002 | December 31, 2001 | |||
Total Liabilities | 2,348,284 | 2,201,061 | 2,043,572 | |||
Total Assets | 4,309,548 | 4,081,898 | 3,837,954 | |||
Ratio | 0.54 | 0.54 | 0.53 | |||