XML 49 R35.htm IDEA: XBRL DOCUMENT v3.22.4
COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS
 12 Months Ended
Dec. 31, 2022
Collateral And Contractual Commitments With Suppliers Advances From Customers And Others  
COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS

 

29. COLLATERAL AND CONTRACTUAL COMMITMENTS WITH SUPPLIERS, ADVANCES FROM CUSTOMERS AND OTHERS

 

   
  2022 2021
 
Collateral given for the Company’s own liabilities 764.5 788.6
Other commitments 1,368.1 1,719.1
  2,132.6 2,507.7
 
Commitments to suppliers 50,365.3 51,562.0
  50,365.3 51,562.0

 

 

The collateral provided for liabilities totaled approximately R$2,132.6 as at December 31, 2022 (R$2,507.7 as at December 31, 2021), including R$744.0 (R$682.6 as at December 31, 2021) of cash guarantees. The deposits in cash used as guarantees are presented as part of other assets. To provide the guarantees required for derivatives exchanges and/or counterparties contracted in certain derivative financial instrument transactions, as at December 31, 2022, Ambev maintained R$376.9 (R$1,152.8 as at December 31, 2021) in highly liquid financial investments or in cash, classified as cash and cash equivalents and investment securities (Note 28 - Financial instruments and risks).

Most of the balance relates to commitments to suppliers of packaging.

Future contractual commitments as at December 31, 2022 and 2021 are as follow:

 

   
  2022 2021
 
Less than 1 year 12,491.0 11,559.9
Between 1 and 2 years 10,315.3 9,982.2
More than 2 years 27,559.0 30,019.9
  50,365.3 51,562.0