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Other financial assets and liabilities (Tables)
 6 Months Ended
Jun. 30, 2023
Other Financial Assets And Liabilities  
Schedule of other financial assets and liabilities
     
    Current Non-Current
  Notes June 30, 2023 December 31, 2022 June 30, 2023 December 31, 2022
Other financial assets          
Restricted cash   - - 108 77
Derivative financial instruments 18 522 342 559 196
Investments in equity securities (i)   - - 31 7
    522 342 698 280
Other financial liabilities          
Derivative financial instruments 18 47 90 98 186
Other financial liabilities - Related parties 29(b) 187 400 - -
Financial guarantees provided (ii) 15(a) - - - 103
Liabilities related to the concession grant 13(a) 611 416 2,673 2,554
Contract liability and other financial liabilities (iii)   754 766 - -
    1,599 1,672 2,771 2,843

 

(i) It mainly relates to a 2.66% noncontrolling interest in Boston Electrometallurgical Company, which aims to promote the development of a technology focused on reducing carbon dioxide emissions in steel production.
(ii) In March 2023, the Company completed the sale of its interest in CSP and derecognized the financial guarantee granted by the Company.
(iii) Includes advances received from customers that meets the definition of contract liability described in IFRS 15 – Revenue from Contracts with Customers and other financial liabilities that meets the definition of a financial liability described in IAS 32 - Financial Instruments: Presentation.
Schedule of liabilities related to the concession grant
                   
    December 31, 2022   Addition   Present value adjustment   Disbursements   June 30, 2023
Payment obligation   954   5   131   (27)   1,063
Infrastructure investment   2,016   77   215   (87)   2,221
    2,970   82   346   (114)   3,284
                     
Current liabilities   416               611
Non-current liabilities   2,554               2,673
Liabilities   2,970               3,284
                     
Discount rate in nominal terms - Payment obligation   11.04%               11.04%
Discount rate in nominal terms - Infrastructure investment   6.08% - 6.23%               5.10% - 5.57%