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PROVISION FOR JUDICIAL LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2019
PROVISION FOR JUDICIAL LIABILITIES  
Schedule of provisions for probable losses according to lawsuit natures

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

2019

 

2018

 

  

Judicial

  

 

  

 

  

 

 

 

deposits

 

Provision

 

Provision, net

 

Provision, net

Taxes

  

(124,133)

  

3,176,503

  

3,052,370

  

296,869

Labor

 

(50,464)

 

227,139

 

176,675

 

50,869

Civil

 

273

 

283,159

 

283,432

 

3,532

 

 

(174,324)

 

3,686,801

 

3,512,477

 

351,270

 

Schedule of changes in provisions for probable losses

 

 

 

 

 

 

 

 

 

 

 

  

December 31,

 

 

2019

 

 

 

 

 

 

Civil and

 

 

 

 

Tax

 

Labor

 

environment

 

Total

Beginning balance

 

 296,869

 

 50,869

 

 3,532

 

351,270

Business combination with Fibria (1)

 

 139,462

 

 185,157

 

 64,974

 

389,593

Payments

 

(34)

 

(34,794)

 

(5,532)

 

(40,360)

Write-off

 

(3,875)

 

(55,730)

 

(13,434)

 

(73,039)

Additions

 

 46,603

 

 50,521

 

 10,100

 

107,224

Monetary adjustment

 

 13,388

 

 31,116

 

 5,257

 

49,761

Fair value adjustment on business combination with Fibria

 

 2,684,090

 

 

 218,262

 

2,902,352

Ending balance

 

 3,176,503

 

 227,139

 

 283,159

 

3,686,801


1)

Business combination with Fibria and its subsidiaries held on January 3, 2019, Note 1.2.1.

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

2018

 

 

 

 

 

 

Civil and

 

 

 

 

Tax

 

Labor

 

environment

 

Total

Beginning balance

 

273,324

 

40,363

 

3,382

 

317,069

Business combination with Facepa

 

 —

 

1,900

 

 —

 

1,900

Payments

 

(18,351)

 

(22,580)

 

(81)

 

(41,012)

Write-off

 

(13,605)

 

(5,011)

 

(394)

 

(19,010)

Additions

 

49,754

 

28,716

 

150

 

78,620

Monetary adjustment

 

5,747

 

7,481

 

475

 

13,703

Ending balance

 

296,869

 

50,869

 

3,532

 

351,270

 

Schedule of possible losses for which no provision has been recorded

 

 

 

 

 

 

  

December 31,

  

December 31,

 

 

2019

 

2018

Taxes (1)

 

7,504,398

 

1,077,761

Labor

 

279,934

 

85,309

Civil (1)

 

2,995,576

 

43,271

 

 

10,779,908

 

1,206,341


1)

Amounts net of the fair value adjustment on business combination with Fibria related to possible contingencies, as mentioned above.