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MARKETABLE SECURITIES
12 Months Ended
Dec. 31, 2019
MARKETABLE SECURITIES  
MARKETABLE SECURITIES

6.MARKETABLE SECURITIES

 

 

 

 

 

 

 

 

 

Average yield

 

December 31,

 

December 31,

 

  

p.a. %

  

2019

  

2018

In local currency

 

 

 

 

 

 

Investment funds

 

61.51% of CDI

 

6,683

 

 —

Private funds

 

98.73% of CDI

 

1,431,303

 

14,933,513

Public titles measured at fair value through profit or loss

 

 

 

1,631,319

 

2,049,281

Private Securities (Compromised)

 

98.73% of CDI

 

3,081,326

 

4,115,771

Private Securities (Compromised) - Escrow Account (1)

 

101.02% of CDI

 

179,703

 

 —

 

 

 

 

6,330,334

 

21,098,565

 

 

 

 

 

 

 

Current

 

 

 

6,150,631

 

21,098,565

Non-Current

 

 

 

179,703

 

 


1)

Refers to the guarantee account, which will be released only after obtaining the applicable governmental approvals and compliance by the Company with the precedent conditions to the conclusion of the Losango Project provided for in the agreement entered with CMPC Celulose Riograndense SA ("CMPC"). The Losango Project was a transaction to buy and sell lands and forests involving Fibria and CMPC, entered into in December 2012.