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v3.20.1

INVENTORIES (Tables) | 12 Months Ended
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Dec. 31, 2019
INVENTORIES |
Schedule of inventories |
|  | December 31, |  | December 31,
|  | 2019 |  | 2018
Finished goods |  |  |  |
Pulp |  |  |  |
Domestic (Brazil) |  | 575,335 |  | 167,317
Foreign |  | 2,229,206 |  | 485,226
Paper |  |  |  |
Domestic (Brazil) |  | 199,635 |  | 227,303
Foreign |  | 70,199 |  | 67,872
Work in process |  | 75,377 |  | 52,882
Raw material |  | 1,047,433 |  | 626,150
Spare parts and other |  | 488,410 |  | 226,354
|  | 4,685,595 |  | 1,853,104
Schedule of rollforward of expected credit losses, inventories |
|  | December 31, |  | December 31,
|  | 2019 |  | 2018
Beginning balance |  | (33,195) |  | (51,911)
Business combination with Fibria (1) |  | (11,117) |  | —
Addition (2) |  | (111,077) |  | (10,605)
Reversal |  | 9,734 |  | 5,873
Write-off (3) |  | 38,942 |  | 23,448
Ending balance |  | (106,713) |  | (33,195)
| 1) |  | Business combination with Fibria and its subsidiaries held on January 3, 2019, Note 1.2.1.
| 2) |  | On December 31, 2019, refers, substantially, to estimated losses of inventories of finished goods and raw material, in the amounts of R$42,470 and R$39,382, respectively.
| 3) |  | On December 31, 2019, refers, substantially, to write-off of spare parts and raw material, in the amounts of R$5,786 and R$26,083, respectively.

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