XML 68 R54.htm IDEA: XBRL DOCUMENT v3.21.1
15 Intangible assets (Tables)
 12 Months Ended
Dec. 31, 2020
Intangible assets other than goodwill [abstract]  
Schedule of statement of financial position details
December 31, 2020 December 31, 2019
  Cost Accumulated amortization Net Cost Accumulated amortization Net
Intangible right arising from:            
Concession agreements – equity value 671,904 (188,129) 483,775 2,066,459 (571,606) 1,494,853
Concession agreements – economic value 1,446,261 (711,596) 734,665 1,334,531 (621,679) 712,852
Program contracts 23,160,119 (6,799,812) 16,360,307 19,413,768 (5,594,068) 13,819,700
Program contracts – commitments 1,709,757 (338,834) 1,370,923 1,651,434 (286,559) 1,364,875
Services contracts – São Paulo 20,579,676 (5,707,072) 14,872,604 19,217,091 (4,826,328) 14,390,763
Software license of use 978,085 (437,460) 540,625 829,739 (358,033) 471,706
Right of use – other assets 141,782 (99,106) 42,676 113,233 (42,535) 70,698
Total 48,687,584 (14,282,009) 34,405,575 44,626,255 (12,300,808) 32,325,447
Schedule of changes in intangible assets
  December 31, 2019 Addition Contract renewal Transfer of contract assets Transfers Write-offs and disposals Amortization December 31, 2020
Intangible right arising from:                
Concession agreements – equity value (*) 1,494,853 1 (1,031,830) 47,154 1,440 (858) (26,985) 483,775
Concession agreements – economic value   712,852 - - 113,320 (1,403) (42) (90,062) 734,665
Program contracts (*) 13,819,700 303,472 1,031,830 2,075,268 (51,570) (5,423) (812,970) 16,360,307
Program contracts – commitments   1,364,875 58,323 - - - - (52,275) 1,370,923
Services contracts – São Paulo 14,390,763 20,940 - 1,382,656 (23,645) (9,990) (888,120) 14,872,604
Software license of use 471,706 - - 70,016 78,169 - (79,266) 540,625
Right of use – Other assets 70,698 28,549 - - - - (56,571) 42,676
Total 32,325,447 411,285 - 3,688,414 2,991 (16,313) (2,006,249) 34,405,575

 

(*) As of December 31, 2020, intangible assets includes leases recognized before December 31, 2018 in accordance with IAS 17 amounting to R$ 269,561 - R$ 76,454 recognized as concession agreements – equity value and R$ 193,107 recognized as program contracts (R$ 292,824 as of December 31, 2019 – R$ 87,266 recognized as concession agreements – equity value and R$ 205,558 recognized as program contracts).

 

  December 31, 2018 First-time adoption of IFRS 16 Addition Contract renewal Transfer to indemnities receivable Transfer of contract assets Transfers Write-offs and disposals Amortization December 31, 2019*
Intangible right arising from:                    
Concession agreements – equity value (*) 4,073,344 - 2 (2,690,660) (4,345) 131,809 76,804 (8,311) (83,790) 1,494,853
Concession agreements – economic value   1,232,009 - 2,034 (532,173) - 89,041 1,956 (569) (79,446) 712,852
Program contracts (*) 8,777,929 - 1,338,443 3,223,773 - 970,534 137,283 (10,312) (617,950) 13,819,700
Program contracts – commitments   1,079,551 - 331,328 - - - - - (46,004) 1,364,875
Services contracts – São Paulo 13,391,452 - 3,867 (940) - 2,054,940 (228,583) (20,739) (809,234) 14,390,763
Software license of use 458,175 - - - - 81,993 (991) - (67,471) 471,706
Right of use – Other assets - 64,955 48,278 - - - - - (42,535) 70,698
Total 29,012,460 64,955 1,723,952 - (4,345) 3,328,317 (13,531) (39,931) (1,746,430) 32,325,447

 

(*) As of December 31, 2019, intangible assets includes leases recognized before December 31, 2018 in accordance with IAS 17 amounting to R$ 292,824 - (R$ 315,717 as of December 31, 2018 – R$ R$ 98,077 recognized as concession agreements – equity value and R$ 217,640 recognized as program contracts).

 

  December 31, 2017 Transfers to contract assets (*) Additions Contract renewal Transfers of works (**) Transfers Write-offs and disposals Amortization December 31, 2018
Intangible right arising from:                  
Concession agreements – equity value   7,141,614 (1,427,046) 93 (1,935,780) 499,002 (5,268) (1,406) (197,865) 4,073,344
Concession agreements – economic value   1,433,937 (233,361) 373 - 114,442 88 (1,031) (82,439) 1,232,009
Program contracts 7,595,066 (2,019,461) 928,818 1,935,780 681,742 3,011 (7,616) (339,411) 8,777,929
Program contracts – commitments   910,375 - 206,946 - - - - (37,770) 1,079,551
Services contracts – São Paulo 15,917,015 (6,707,847) 3,724 - 4,818,734 12 (14,813) (625,373) 13,391,452
Software license of use 468,125 - 4,774 - 54,790 686 - (70,200) 458,175
Total 33,466,132 (10,387,715) 1,144,728 - 6,168,710 (1,471) (24,866) (1,353,058) 29,012,460

 

(*) Work in progress transferred to contract assets due to adoption of IFRS 15, as of January 1, 2018, as described in Note 4.1.

(**) Work in progress transferred from contract assets to intangible assets.
Schedule of liabilities assumed

The obligations assumed by the Company as of December 31, 2020 and 2019 are shown in the table below:

 

  December 31, 2020 December 31, 2019
  Current liabilities Noncurrent liabilities Total liabilities Current liabilities Noncurrent liabilities Total liabilities
             
Alto Tietê 59,429 149,726 209,155 44,003 208,217 252,220
São Lourenço 70,778 2,895,340 2,966,118 66,288 2,975,472 3,041,760
Total 130,207 3,045,066 3,175,273 110,291 3,183,689 3,293,980
Schedule of right of use

Details of right of use asset are as follows:

 

Nature   December 31, 2020 December 31, 2019
       
Leases - Contract Assets   276,893 276,893
       
Leases - Concession Agreements and Program Contracts      
Cost   405,426 405,426
      Accumulated amortization   (135,865) (112,602)
(=) Net   269,561 292,824
       
Other assets      
Vehicles   115,208 91,709
Properties   15,508 13,309
Equipment   4,541 3,801
Other assets   6,525 4,414
Accumulated amortization   (99,106) (42,535)
(=) Net   42,676 70,698
Right of use   589,130 640,415
Schedule of income statement impact

The table below shows the impact in the income statements:

 

Impact in the income statement
  December 31, 2020 December 31, 2019
     
Right-of-use amortization (79,834) (65,413)
Financial result – interest expenses (62,956) (54,791)
Short-term and low-value lease expenses (13,845) (51,855)
Decrease of the income of the year (156,635) (172,059)