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Acquisitions and divestitures (Tables)

12 Months Ended

Dec. 31, 2020

Acquisitions and divestitures

Summary of results for the years and the cash flows of discontinued operations

Income statement


		Year ended December 31,
		2018
Discontinued operations
Net operating revenue		121
Cost of goods sold and services rendered		(120)
Operating expenses		(4)
Impairment of non-current assets		(124)
Operating loss		(127)
Financial Results, net		(5)
Loss before income taxes		(132)
Income taxes		40
Loss from discontinued operations		(92)
Loss attributable to noncontrolling interests		—
Loss attributable to Vale's stockholders		(92)

Statement of cash flow


		Year ended December 31,
		2018
Discontinued operations
Net cash used in operating activities		(37)
Net cash used in investing activities		(9)
Net cash used in discontinued operations		(46)

Ferrous Resources Limited

Acquisitions and divestitures

Summary of fair values of identifiable assets acquired and liabilities assumed as a result of the acquisition


		August 2019
Acquired assets		706
Cash and cash equivalents		95
Accounts receivable		29
Inventories		10
Intangibles		5
Property, plant and equipment		427
Others		140
Assumed liabilities		(216)
Net identifiable assets acquired		490
Fair value adjustment on PP&E		52
Deferred tax liability		(17)
Total identifiable net assets at fair value		525


		August 2019
Cash consideration transferred		525
(-) Balances acquired
Cash and cash equivalents		95
Net cash outflow		430

Acquisitions and divestitures

Summary of fair values of identifiable assets acquired and liabilities assumed as a result of the acquisition


		January 2019
Acquired assets		18
Intangibles (note 16)		1
Other assets		17
Net identifiable assets acquired		18
Fair value adjustment of intangible research and development asset (note 19)		723
Deferred tax liability		(245)
Total identifiable net assets at fair value		496