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INVENTORIES
12 Months Ended
Dec. 31, 2020
INVENTORIES  
INVENTORIES

8.INVENTORIES

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

    

2020

    

2019

Finished goods

 

 

 

   

Pulp

 

 

 

   

Domestic (Brazil)

 

553,229

 

575,335

Foreign

 

1,102,994

 

2,229,206

Paper

 

 

 

 

Domestic (Brazil)

 

225,058

 

199,635

Foreign

 

87,638

 

70,199

Work in process

 

81,465

 

75,377

Raw material

 

1,450,507

 

1,047,433

Spare parts and other

 

508,444

 

488,410

 

 

4,009,335

 

4,685,595

 

Inventories are shown net of estimated losses.

8.1.Rollforward of estimated losses

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

    

2020

    

2019

Beginning balance

 

(106,713)

 

(33,195)

Business combination

 

 

 

(11,117)

Addition (1)

 

(77,173)

 

(111,077)

Reversal

 

11,498

 

9,734

Write-off (2)

 

92,503

 

38,942

Ending balance

 

(79,885)

 

(106,713)


1)

The addition of inventory in the year ended December 31, 2020, refers  substantially to the raw material in  the amount of R$56,305 (R$57,384 as of December 31, 2019).

2)

The write-off of inventory, in the year ended December 31, 2020, refers mainly to the amounts of (i) finished pulp product of R$32,018 (R$666 as of December 31, 2019) and (ii) raw material of R$49,550 (R$26,083 as of December 31, 2019).

 

 

For the year ended December 31, 2020, and 2019 there were no inventory items pledged as collateral.