XML 177 R7.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated statement of cash flows - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities      
Profit before income taxes R$ 1,488,027 R$ 1,774,691 R$ 1,912,539
Adjustments to reconcile profit before tax to net cash flows:      
Depreciation and amortization 768,593 376,335 128,348
Chargebacks 664,268 288,309 200,633
Accrual of provision for contingencies 25,938 6,409 8,227
Share based long term incentive plan (LTIP) 370,629 122,870 93,369
Reversal of taxes and contributions (4,638) (84,294) 0
Loss on disposal of property, equipment and intangible assets 28,393 19,465 9,393
Derivative Financial Instruments, net 5,952 0 0
Interest accrued 230,555 17,222 (78,649)
Other (income) cost, net 103,667 (18,185) (26,936)
Changes in operating assets and liabilities      
Accounts receivable (9,303,060) (5,586,919) (3,125,537)
Financial investments (mandatory guarantee) (84,534) 43,229 (161,426)
Inventories (132,398) 31,602 14,216
Reversal of taxes and contributions (36,565) (206,221) (22,386)
Other receivables (62,084) (78,744) (68,008)
Deferred revenue (33,689) 145,005 68,550
Other liabilities (17,312) 67,669 (7,923)
Payables to third parties 2,940,739 4,173,264 1,002,092
Trade payables 243,585 72,328 89,962
Receivables from (payables to) related parties 471,585 38,250 (8,610)
Adjustments for increase (decrease) in deposits from customers 2,276,041 758,003 0
Salaries and social charges (8,091) 7,605 32,866
Taxes and contributions (11,499) (34,438) (1,475)
Provision for contingencies (17,763) (1,127) (4,822)
Total adjustments to reconcile profit (loss) (93,661) 1,932,328 54,423
Income tax and social contribution paid (76,782) (46,384) (88,184)
Interest income received 1,068,450 266,719 522,542
Net cash flows from (used in) operating activities 898,007 2,152,663 488,781
Investing activities      
Amount paid on acquisitions, net of cash acquired (43,367) (345,602) (17,739)
Purchases of property and equipment (972,274) (1,522,769) (333,376)
Purchases and development of intangible assets (779,555) (523,785) (369,415)
Redemption (Acquisition) of financial investments 324,247 530,667 (1,109,619)
Net cash flows (used in) from investing activities (1,470,949) (1,861,489) (1,830,149)
Financing activities      
Borrowings 1,012,086 0 0
Acquisition of treasury shares (257,992) (44,775) (1,735)
Transaction with non-controlling interest 0 0 (15,992)
Payment of leases (15,148) 0 0
Capital increase by non-controlling shareholders (11,707) (10,289) (223)
Net cash flows (used in) from financing activities 727,238 (55,064) (17,950)
Net (decrease) increase in cash and cash equivalents 154,297 236,110 (1,359,095)
Cash and cash equivalents at beginning of period 1,640,065 1,403,955 2,763,050
Cash and cash equivalents at end of period R$ 1,794,362 R$ 1,640,065 R$ 1,403,955