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Income taxes (Tables)

6 Months Ended

Jun. 30, 2021

Income taxes

Schedule of changes in deferred tax

​

​	​	​	​	​	​	​
​		Assets		Liabilities		Deferred taxes, net
Balance at December 31, 2020	​	10,335	​	1,770	​	8,565
Effect in income statement	​	(1,130)	​	37	​	(1,167)
Translation adjustment	​	196	​	43	​	153
Other comprehensive income	​	(63)	​	135	​	(198)
Balance at June 30, 2021	​	9,338	​	1,985	​	7,353

​

​	​	​	​	​	​	​
​		Assets		Liabilities		Deferred taxes, net
Balance at December 31, 2019	​	9,217	​	1,882	​	7,335
Effect in income statement	​	1,121	​	(56)	​	1,177
Translation adjustment	​	(2,352)	​	(127)	​	(2,225)
Other comprehensive income	​	1,818	​	(68)	​	1,886
Balance at June 30, 2020	​	9,804	​	1,631	​	8,173

​

Schedule of amount presented as income taxes in the income statement reconciled to the rate established by law

​

​	​	​	​	​	​	​	​	​
​	​	Three-month period ended June 30,			​	Six-month period ended June 30,
​		2021		2020		2021		2020
Income before income taxes	​	9,610	​	1,064	​	16,897	​	576
Income taxes at statutory rate - 34%	​	(3,267)	​	(362)	​	(5,745)	​	(196)
Adjustments that affect the basis of taxes:	​	​	​	​	​	​	​	​
Tax incentives	​	1,163	​	179	​	1,618	​	489
Equity results	​	36	​	14	​	26	​	(23)
Addition (reversal) of tax loss carryforward	​	(63)	​	22	​	(109)	​	448
Others	​	58	​	2	​	327	​	(214)
Income taxes	​	(2,073)	​	(145)	​	(3,883)	​	504

Schedule of income taxes settlement

​

​	​	​	​	​
​		June 30, 2021		December 31, 2020
Current liabilities		356		340
Non-current liabilities		2,336		2,404
REFIS liabilities		2,692		2,744
​	​	​	​	​
SELIC rate		4.25% per year		2.00% per year

X

- Definition

The disclosure of deferred taxes. [Refer: Deferred tax liabilities; Deferred tax assets]

+ References

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-Number 1
-IssueDate 2020-01-01
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-URIDate 2020-01-01

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- Definition

The tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pre-tax income from continuing operations.

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Tabular disclosure of income taxes settlement program.

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