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Taxes (Tables)
 12 Months Ended
Dec. 31, 2021
Text Block [Abstract]  
Summary of Calculation of Tax Rates
Taxes are calculated at the rates shown below and consider, for effects of respective calculation bases, the legislation in force applicable to each charge.
 
Income tax
      15.00 % 
Additional income tax
      10.00 % 
Social contribution on net income
(1)
     25.00 % 
 
(1)
Law No. 14,183/21 (conversion of Provisional Measure (MP) No. 1,034/21): published on July 15, 2021, sets forth the increase in the rate of Social Contribution on Net Income of banks, which increased to 25%. For insurance, capitalization and other financial companies, it increased to 20% and for
non-financial
companies it remained at 9%. The increase in rate is applied as from July 1 to December 31, 2021.
Summary of Breakdown of Income Tax and Social Contribution Expense
Breakdown of income tax and social contribution calculation on net income:
 
Due on operations for the period
   
01/01 to

12/31/2021
     
01/01 to

12/31/2020
     
01/01 to

12/31/2019
  
Income / (loss) before income tax and social contribution
   
 
42,231
 
   
 
5,230
 
   
 
31,243
 
Charges (income tax and social contribution) at the rates in effect
(1)
     (19,989 )       (2,354 )       (12,497 ) 
Increase / decrease in income tax and social contribution charges arising from:
                           
Share of profit or (loss) of associates and joint ventures
      821        384        614  
Foreign exchange variation on investments abroad
      437        7,201        711  
Interest on capital
      2,889        2,765        3,012  
Other nondeductible expenses net of non taxable income
(2)
     9,181        (16,651 )       (932 ) 
Income tax and social contribution expenses
   
 
(6,661
) 
   
 
(8,655
) 
   
 
(9,092
) 
Related to temporary differences
                           
Increase / (reversal) for the period
      (7,186 )       18,489        5,750  
Increase / (reversal) of prior periods
      —          —          (88 ) 
(Expenses) / Income from deferred taxes
   
 
(7,186
) 
   
 
18,489
 
   
 
5,662
 
    
 
 
     
 
 
     
 
 
  
Total income tax and social contribution expenses
   
 
(13,847
) 
   
 
9,834
 
   
 
(3,430
) 
    
 
 
     
 
 
     
 
 
  
 
(1)
It considers that in the first half of 2021 the current IRPJ and CSLL rate is equal to 45% and, in the second half of 2021, it is equal to 50%.
(2)
Includes temporary (additions) and exclusions.
 
Summary of Deferred Tax Asset Balance and Respective Changes
I - The deferred tax asset balance and its changes, segregated based on its origin and disbursements, are represented by:
 
    
12/31/2020
     
Realization /

Reversal
     
Increase
     
12/31/2021
  
Reflected in income
   
 
60,248
 
   
 
(24,407
) 
   
 
17,148
 
   
 
52,989
 
Provision for expected loss
      27,933        (6,274 )       6,769        28,428  
Related to tax losses and social contribution loss carryforwards
      5,528        (1,952 )       175        3,751  
Provision for profit sharing
      1,903        (1,903 )       2,265        2,265  
Provision for devaluation of securities with permanent impairment
      1,570        (1,013 )       441        998  
Provisions
      5,845        (1,923 )       1,926        5,848  
    
 
 
     
 
 
     
 
 
     
 
 
  
Civil lawsuits
      1,331        (591 )       517        1,257  
Labor claims
      3,056        (1,188 )       1,307        3,175  
Tax and social security lawsuits
      1,458        (144 )       102        1,416  
Legal obligations
      774        (36 )       84        822  
Adjustments of operations carried out on the futures settlement market
      52        (52 )       —          —    
Adjustment to Fair Value of Financial Assets – At Fair Value Through Profit or Loss
      8,315        (8,315 )       2,726        2,726  
Provision relating to health insurance operations
      356        —          6        362  
Other
      7,972        (2,939 )       2,756        7,789  
Reflected in stockholders’ equity
   
 
1,375
 
   
 
(343
) 
   
 
1,299
 
   
 
2,331
 
Adjustment to Fair Value of Financial Assets – At Fair Value Through Other Comprehensive Income
      60        (30 )       1,299        1,329  
Cash flow hedge
      758        (297 )       —          461  
Other
      557        (16 )       —          541  
    
 
 
     
 
 
     
 
 
     
 
 
  
Total
(1) (2)
   
 
61,623
 
   
 
(24,750
) 
   
 
18,447
 
   
 
55,320
 
    
 
 
     
 
 
     
 
 
     
 
 
  
 
(1)
Deferred income tax and social contribution assets and liabilities are recorded in the balance sheet offset by a taxable entity and amounting to R$ 50,831 and R$ 280, respectively.
(2)
The accounting records of deferred tax assets on income tax losses and/or social contribution loss carryforwards, as well as those arising from temporary differences, are based on technical feasibility studies which consider the expected generation of future taxable income, considering the history of profitability for each subsidiary individually, and for the consolidated taken as a whole.
 
    
12/31/2019
     
Realization /

Reversal
     
Increase
     
12/31/2020
  
Reflected in income
   
 
43,380
 
   
 
(12,631
) 
   
 
29,499
 
   
 
60,248
 
Provision for expected loss
      22,860        (3,885 )       8,958        27,933  
Related to tax losses and social contribution loss carryforwards
      2,585        (540 )       3,483        5,528  
Provision for profit sharing
      2,162        (2,162 )       1,903        1,903  
Provision for devaluation of securities with permanent impairment
      1,530        (877 )       917        1,570  
Provisions
      6,208        (2,064 )       1,701        5,845  
    
 
 
     
 
 
     
 
 
     
 
 
  
Civil lawsuits
      1,413        (547 )       465        1,331  
Labor claims
      3,251        (1,338 )       1,143        3,056  
Tax and social security lawsuits
      1,544        (179 )       93        1,458  
Legal obligations
      723        (7 )       58        774  
Adjustments of operations carried out in futures settlement market
      84        (84 )       52        52  
Adjustment to Fair Value of Financial Assets – At Fair Value Through Profit or Loss
      738        (738 )       8,315        8,315  
Provision relating to health insurance operations
      348        —          8        356  
Other
      6,142        (2,274 )       4,104        7,972  
Reflected in stockholders’ equity
   
 
2,354
 
   
 
(1,191
) 
   
 
212
 
   
 
1,375
 
Adjustment to Fair Value of Financial Assets – At Fair Value Through Other Comprehensive Income
      766        (762 )       56        60  
Cash flow hedge
      1,187        (429 )       —          758  
Other
      401        —          156        557  
    
 
 
     
 
 
     
 
 
     
 
 
  
Total
(1) (2)
   
 
45,734
 
   
 
(13,822
) 
   
 
29,711
 
   
 
61,623
 
    
 
 
     
 
 
     
 
 
     
 
 
  
 
(1)
Deferred income tax and social contribution assets and liabilities are recorded in the balance sheet offset by a taxable entity and amounting to R$ 56,583 and R$ 421, respectively.
(2)
At 12/31/2019, deferred tax asset balance comprised its annual revaluation and effects caused by EC 103/2019 in tax rate of the Social Contribution on Net Income, which was increased from 15% to 20%, reaching the institutions set forth in item I of paragraph 1 of article 1 of Supplementary Law No. 105, of January 10, 2001, totaling R$ 1,614.
II - The deferred tax liabilities and its changes are represented by:
 
    
12/31/2020
     
Realization /

reversal
     
Increase
     
12/31/2021
  
Reflected in income
   
 
4,853
 
   
 
(1,029
) 
   
 
756
 
   
 
4,580
 
Depreciation in excess finance lease
      145        (8 )       —          137  
Adjustment of deposits in guarantee and provisions
      1,404        (21 )       39        1,422  
Post-employment benefits
      180        (178 )       4        6  
Adjustments of operations carried out on the futures settlement market
      452        (452 )       237        237  
Adjustment to Fair Value of Financial Assets - At Fair Value Through Profit or Loss
      136        (136 )       71        71  
Taxation of results abroad – capital gains
      644        (7 )       197        834  
Other
      1,892        (227 )       208        1,873  
Reflected in stockholders’ equity
   
 
608
 
   
 
(580
) 
   
 
161
 
   
 
189
 
Adjustment to Fair Value of Financial Assets - At Fair Value Through Other Comprehensive Income
      601        (577 )       158        182  
Cash flow hedge
      4        (3 )       —          1  
Post-employment benefits
      3        —          3        6  
    
 
 
     
 
 
     
 
 
     
 
 
  
Total
(*)
  
 
5,461
 
   
 
(1,609
) 
   
 
917
 
   
 
4,769
 
    
 
 
     
 
 
     
 
 
     
 
 
  
 
(*)
Deferred income tax and social contribution asset and liabilities are recorded in the balance sheet offset by a taxable entity and amounting to R$ 50,831 and R$ 280, respectively.
 
    
12/31/2019
     
Realization /

reversal
     
Increase
     
12/31/2020
  
Reflected in income
   
 
6,610
 
   
 
(2,951
) 
   
 
1,194
 
   
 
4,853
 
Depreciation in excess finance lease
      202        (57 )       —          145  
Adjustment of deposits in guarantee and provisions
      1,531        (133 )       6        1,404  
Post-employment benefits
      282        (111 )       9        180  
Adjustments of operations carried out on the futures settlement market
      1,330        (1,330 )       452        452  
Adjustment to Fair Value of Financial Assets - At Fair Value Through Profit or Loss
      1,149        (1,149 )       136        136  
Taxation of results abroad – capital gains
      581        —          63        644  
Other
      1,535        (171 )       528        1,892  
Reflected in stockholders’ equity
   
 
1,268
 
   
 
(859
) 
   
 
199
 
   
 
608
 
Adjustment to Fair Value of Financial Assets - At Fair Value Through Other Comprehensive Income
      1,228        (826 )       199        601  
Cash flow hedge
      30        (26 )       —          4  
Post-employment benefits
      10        (7 )       —          3  
    
 
 
     
 
 
     
 
 
     
 
 
  
Total
(*)
  
 
7,878
 
   
 
(3,810
) 
   
 
1,393
 
   
 
5,461
 
    
 
 
     
 
 
     
 
 
     
 
 
  
 
(*)
Deferred income tax and social contribution asset and liabilities are recorded in the balance sheet offset by a taxable entity and amounting to R$ 56,583 and R$ 421, respectively.
Summary of Realization and Present Value of Tax Credits and From Provision for Deferred Income Tax and Social Contribution
III - The estimate of realization and present value of deferred tax assets and deferred tax liabilities are:
 
    
Deferred tax assets
                           
Year of
realization
   
Temporary

differences
     
%
    
Tax loss / social

contribution loss

carryforwards
     
%
    
Total
     
%
    
Deferred tax

liabilities
    
%
    
Net

deferred

taxes
     
%
  
2022
      14,278        27.7 %      637        17.0 %      14,915        27.0 %      (151 )      3.2 %      14,764        29.2 % 
2023
      15,661        30.4 %      697        18.6 %      16,358        29.6 %      (330 )      6.9 %      16,028        31.7 % 
2024
      9,883        19.2 %      581        15.5 %      10,464        18.9 %      (64 )      1.3 %      10,400        20.6 % 
2025
      2,094        4.1 %      306        8.2 %      2,400        4.3 %      (49 )      1.0 %      2,351        4.7 % 
2026
      2,002        3.9 %      312        8.3 %      2,314        4.2 %      (95 )      2.0 %      2,219        4.4 % 
After 2026
      7,651        14.7 %      1,218        32.4 %      8,869        16.0 %      (4,080 )      85.6 %      4,789        9.4 % 
Total
   
 
51,569
 
   
 
100.0
% 
  
 
3,751
 
   
 
100.0
% 
  
 
55,320
 
   
 
100.0
% 
  
 
(4,769
) 
  
 
100.0
% 
  
 
50,551
 
   
 
100.0
% 
    
 
 
     
 
 
    
 
 
     
 
 
    
 
 
     
 
 
    
 
 
    
 
 
    
 
 
     
 
 
  
Present value
(*)
  
 
45,790
 
           
 
3,205
 
           
 
48,995
 
           
 
(3,564)
 
          
 
45,431
 
         
    
 
 
             
 
 
             
 
 
             
 
 
            
 
 
           
 
(*)
The average funding rate, net of tax effects, was used to determine the present value.
Summary of Tax Liabilities
c) Tax liabilities
 
    
12/31/2021
     
12/31/2020
  
Taxes and contributions on income payable
      2,450        2,878  
Deferred tax liabilities (Note 24b II)
      280        421  
Other
      3,516        2,411  
Total
      6,246        5,710  
Current
   
 
5,788
 
   
 
4,819
 
    
 
 
     
 
 
  
Non-current
   
 
458
 
   
 
891