XML 163 R68.htm IDEA: XBRL DOCUMENT
v3.19.1

Subsequent events to the reporting date (Tables) - Business combinations - Fibria | 12 Months Ended
--- | ---
Dec. 31, 2018
Events subsequent to the reporting date |
Summary of purchase price allocation |
|  | (amounts expressed |
|  | in millions of Reais) |
Cash consideration |  | 27,797 |
Issuance of shares (Suzano) |  | 9,438 |
Total consideration |  | 37,235 |
Book value of Fibria's shareholders' equity |  | 14,149 |
Elimination of the book value of existing goodwill, net of the deferred income taxes |  | (3,495) |
Mandatory minimum dividends (Eliminated balance) |  | 725 |
Book value of Fibria's shareholders' equity, net of goodwill |  | 11,379 |
Adjustments to fair value |  |  |
Inventories |  | 2,179 | (a)
Property, plant and equipment |  | 9,445 | (b)
Customer relationship |  | 9,031 | (c)
Port Assets |  | 749 | (d)
Possible contingent losses |  | (2,971) | (e)
Loans and Financing |  | (60) | (f)
Taxes recoverable |  | (236) | (g)
Other Net Assets and Liabilities |  | 369 | (h)
Deferred taxes, net |  | (547) | (i)
Total impact of fair value |  | 17,959 |
Total preliminary goodwill |  | 7,897 |
| (a) |  | Calculated considering the balance of finished products based on selling price, net of selling expenses and an accepted margin based on the results achieved in 2018.
| (b) |  | Determined based on the analysis of market data on comparable transactions and cost quantification, based on the estimate of replacement or replacement value of the assets.
| (c) |  | In order to determine the fair value adjustment in the customer portfolio, the income approach and the MPEEM (Multi Period Excess Earnings Method) method were used to measure the present value of the income that will be generated during the remaining useful life of the asset. Considering the 5-year history of Fibria's sales data and the churn rate that measures customer satisfaction and customer permanence in the portfolio, the adjustment was calculated using estimated discounted cash flows.
| (d) |  | Fibria has concession contracts and port assets to assist in port operations in Brazil. The fair value calculation of these assets was considered the income approach, the MPEEM (Multi Period Excess Earnings Method) method that measures the present value of the income that will be generated during the remaining useful life of the asset and method of direct cost differential.
| (e) |  | At the moment, in the business combination, for the calculation of the fair value of the contingencies, whose chances of loss were considered possible and remote by Fibria's Management, the amounts indicated were considered by the Management of Suzano and its external and independent advisors based on the analyzes of Fibria's external lawyers.
| (f) |  | Adjustment to fair value of loans and financing was calculated based on the fair value of the Bonds, based on the quotation of the security in the secondary market, and the adjustment to present value considering the market rate at the base date.
| (g) |  | For the measurement of the fair value of the taxes to be recovered, the amount to be recovered, brought to present value considering the expected Selic rate for the same period, was considered.
| (h) |  | In other net assets and liabilities, including supply contracts, accounts receivable and advances to suppliers, the income evaluation methodology, the present value and the direct cost differential were used.
| (i) |  | Deferred income tax on fair value adjustments of assets in Veracel and Portocel.
Schedule of detailed information about Business Combination |
|  | (expressed in
|  | millions of Reais)
|  | Fair value
Assets |  |
Current |  |
Cash and cash equivalents |  | 1,795
Financial instruments |  | 4,316
Derivative financial instruments |  | 211
Trade accounts receivable |  | 1,302
Inventories |  | 6,187
Recoverable taxes |  | 261
Other assets |  | 213
Total Current Assets |  | 14,285
Non-current |  |
Financial Investments |  | 173
Derivative Financial Instruments |  | 455
Recoverable taxes |  | 988
Advances to Suppliers |  | 604
Judicial deposits |  | 210
Deferred taxes |  | 1,567
Other assets |  | 227
|  | 4,224
Investments |  | 200
Biological assets |  | 4,580
Property, plant and equipment |  | 25,044
Right of Use |  | 2,761
Intangible assets |  |
Other intangible assets |  | 309
Customer Portfolio |  | 9,031
Software |  | 21
Cultivars |  | 143
Supplier contracts |  | 172
Port assets |  | 749
Added value of contracts-leases |  | 44
Unallocated parcel-Goodwill |  | 7,897
|  | 50,951
Total Non-current assets |  | 55,175
Total Asset |  | 69,460
|  | (expressed in
|  | millions of Reais)
|  | Fair value
Liabilities |  |
Current |  |
Loans and financing |  | 3,136
Derivative Financial Instruments |  | 276
Lease Liabilities |  | 349
Trade accounts payable |  | 3,427
Payroll and charges |  | 402
Taxes payable |  | 129
Dividends payable |  | 6
Other accounts payable |  | 150
Total Current Liabilities |  | 7,875
Non-current |  |
Loans and financing |  | 17,591
Lease Liabilities |  | 2,412
Derivative Financial Instruments |  | 126
Provision for contingencies, liquid |  | 3,182
Deferrad taxes |  | 558
Other accounts payable |  | 369
Total Non-Current Liabilities |  | 24,238
Total Liabilities |  | 32,113
Equity |  |
Shareholders ' equity |  | 37,236
Non-controlling interest |  | 111
Total equity |  | 37,347
Total liabilities and shareholders' equity |  | 69,460

X
- Definition The disclosure of detailed information about business combinations. [Refer: Business combinations [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 3 -IssueDate 2018-01-01 -Section Disclosures application of paragraphs 59 and 61 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=3&date=2018-03-01&anchor=F4301424&doctype=Appendix&seq=2 -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill in a business combination. + References No definition available. + Details
Name: | suzby_IfrsBusinessCombinationSegmentAllocationTableTextBlock
Namespace Prefix: | suzby_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=ifrs-full_MajorBusinessCombinationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_BusinessCombinationsAxis=suzby_FibriaCeluloseS.aMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |