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INVESTMENTS

6 Months Ended

Jun. 30, 2020

INVESTMENTS

INVESTMENTS

14. INVESTMENTS

14.1. Investments breakdown

		June 30,		December 31,
		2020		2019
Investments in associates and joint ventures		132,625		140,934
Goodwill		166,819		161,464
Other investments evaluated at fair value through other comprehensive income		25,976		20,048
		325,420		322,446

14.2. Investments in associates and joint ventures

Information of joint ventures as of					Company participation
June 30,
2020					In equity				In the income of the period
		Participation
		equity			June 30,		December 31,		June 30,		June 30,
		(%)			2020		2019		2020		2019
Associate
Ensyn Corporation		25.30	%		2,995		21,437		(13,086)
Spinnova Oy		24.06	%		84,002		86,969		(2,966)		(541)
					86,997		108,406		(16,052)		(541)
Joint ventures
Ibema Companhia Brasileira de Papel					40,139		28,487		11,651		6,175
F&E Technologies LLC					5,489		4,041		1,449		(65)
					45,628		32,528		13,100		6,110
					132,625		140,934		(2,952)		5,569

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- Definition

The disclosure of investments accounted for using the equity method. [Refer: Investments accounted for using equity method]

+ References

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- References

No definition available.

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