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Exhibit 7.1
Tenaris – Liquid financial assets over total assets
Thousands of U.S. Dollars | December 31, 2016 | December 31, 2015 | ||||||
Cash and cash equivalents | 399.737 | 286.547 | ||||||
Other investments (current) | 1.633.142 | 2.140.862 | ||||||
Bonds and other fixed income | 248.049 | 393.084 | ||||||
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Liquid financial assets | 2.280.928 | 2.820.493 | ||||||
Total assets | 14.003.275 | 14.886.974 | ||||||
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Ratio | 16 | % | 19 | % | ||||
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Tenaris – Total Liabilities to Total Assets Ratio
Thousands of U.S. Dollars | December 31, 2016 | December 31, 2015 | December 31, 2014 | |||||||||
Total liabilities | 2.590.203 | 3.020.918 | 3.704.364 | |||||||||
Total Assets | 14.003.275 | 14.886.974 | 16.510.678 | |||||||||
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Ratio | 0,18 | 0,20 | 0,22 | |||||||||
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Tenaris – Current borrowings to total borrowings
Thousands of U.S. Dollars | December 31, 2016 | December 31, 2015 | ||||||
Current Borrowings | 808.694 | 748.295 | ||||||
Total Borrowings | 840.236 | 971.516 | ||||||
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Ratio | 0,96 | 0,77 | ||||||
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