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Statements of Cash Flows - BRL (R$)
R$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities      
Profit from continued operation R$ 1,610 R$ 1,189 R$ 1,076
Profit (loss) from discontinued operation 367 (16)
Net income for the year 1,610 1,556 1,060
Adjustment to reconcile net income for the year to net cash flows      
Deferred income tax and social contribution (127) (372) 162
(Gain) loss on disposal of property, plant and equipment and leasing write-off 12 (71) 1
Depreciation and amortization 687 1,372 484
Financial changes 911 785 431
Share of (profit) loss of associate (47) (27) 5
(Reversal of) provision for legal proceedings (48) 77 19
Provision write-off assets 24
Provision for stock option 14 5 2
Provision for allowance for inventory losses and damages 302 13 5
Allowance for doubtful accounts 2 51
 Adjustments to reconcile profit (loss) 3,292 3,555 2,167
Variations in operating assets and liabilities      
Trade receivables (85) (155) 21
Inventories (943) (1,029) (153)
Recoverable taxes (12) (46) (326)
Restricted deposits for legal proceedings 15 (14) (1)
Other assets (69) (10) (106)
Trade payables, net 884 877 1,671
Payroll and related taxes 54 121 36
Related parties 391 (54) (17)
Provision for legal proceedings (49) (41) (22)
Taxes and social contributions payable 4 556 69
Deferred revenue 128 (107) (153)
Dividends received 11
Other liabilities 25 (88) 104
Income tax and social contribution, paid (374) (67) (131)
 Cash flows from (used in) operations (20) (57) 992
Net cash generated by operating activities 3,272 3,498 3,159
Cash flow investment activities      
Capital contribution in associates (31)
Purchase of property, plant and equipment (2,231) (1,562) (1,357)
Purchase of intangible assets (854) (82) (52)
Proceeds from the sale of property, plant and equipment 212 604 362
Acquisition of subsidiaries, net of cash acquired 3,311
Purchase of investment property (15) (12)
Purchase of assets held for sale (note 29) (403)
Subsidiary spin-off (note 1.3.1) 3,687
Net cash from corporate reorganization (14)
Net cash used in investment activities (3,276) (4,787) (4,370)
Cash flow financing activities      
Capital contribution 27 650 2,003
Proceeds from borrowings and financing 6,090 2,852 9,395
Payment of borrowings and financing (6,479) (3,052) (6,124)
Dividends and interest on equity paid (148) (489) (299)
Payment of lease liabilities (468) (756) (267)
Transaction with non-controlling interest 2 7
Net cash (used in) generated by financing activities (978) (793) 4,715
Net (decrease) increase in cash and cash equivalents (982) (2,082) 3,504
Exchange rate variation on cash and cash equivalents 588 111
Cash and cash equivalents at the beginning of the year 3,532 5,026 1,411
Cash and cash equivalents at the end of the year R$ 2,550 R$ 3,532 R$ 5,026