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v3.24.1.u1

Other financial assets and liabilities (Tables) | 12 Months Ended
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Dec. 31, 2023
Other Financial Assets And Liabilities |
Schedule of other financial assets and liabilities |
Schedule of other financial assets and liabilities |  |  |  |  |
|  | Current | Non-Current
| Notes | December 31, 2023 | December 31, 2022 | December 31, 2023 | December 31, 2022
Other financial assets |  |  |  |  |
Restricted cash |  | - | - | 4 | 77
Derivative financial instruments | 20 | 271 | 342 | 544 | 196
Investments in equity securities (i) |  | - | - | 45 | 7
|  | 271 | 342 | 593 | 280
Other financial liabilities |  |  |  |  |
Derivative financial instruments | 20 | 36 | 90 | 95 | 186
Other financial liabilities - Related parties | 31(b) | 290 | 400 | - | -
Financial guarantees provided (ii) | 32(b) | - | - | - | 103
Liabilities related to the concession grant | 14(a) | 591 | 416 | 3,278 | 2,554
Contract liability and other financial liabilities (iii) |  | 759 | 766 | - | -
|  | 1,676 | 1,672 | 3,373 | 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, and a 2.01% noncontrolling interest in Allonia LLC, a transformative biology startup. (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 |
Schedule of liabilities related to the concession grant |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  | Consolidated |  | Discount rate |
| Reference |  | 31-Dec-22 | Revision to estimates and new provisions | Monetary and present value adjustments | Disbursements | 31-Dec-23 | 31-Dec-23 | 31-Dec-22 | Remaining term of obligations
Payment obligation | (a.i) |  | 954 | 55 | 176 | (55) | 1,130 | 11.04% | 11.04% | 34 years
Infrastructure investment | (a.ii) |  | 2,016 | 719 | 267 | (263) | 2,739 | 5.17% - 5.54% | 6.08% - 6.23% | 8 years
|  |  | 2,970 | 774 | 443 | (318) | 3,869 |  |  |
Current liabilities |  |  | 416 |  |  |  | 591 |  |  |
Non-current liabilities |  |  | 2,554 |  |  |  | 3,278 |  |  |
Liabilities |  |  | 2,970 |  |  |  | 3,869 |  |  |

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