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LIABILITIES FOR ASSETS ACQUISITIONS AND SUBSIDIARIES
6 Months Ended
Jun. 30, 2021
LIABILITIES FOR ASSETS ACQUISITIONS AND SUBSIDIARIES  
LIABILITIES FOR ASSETS ACQUISITIONS AND SUBSIDIARIES

23.LIABILITIES FOR ASSETS ACQUISITIONS AND ASSOCIATES

June 30,

December 31,

    

2021

    

2020

Lands and forests acquisition

Real estate receivables certificates (1)

39,767

37,104

39,767

37,104

Business combination

Facepa (2)

42,093

41,721

Vale Florestar Fundo de Investimento em Participações ("VFFIP") (3)

427,509

423,403

469,602

465,124

509,369

502,228

Current

112,446

101,515

Non-current

396,923

400,713

1)Refers to obligations with the acquisition of land, farms, reforestation and houses built in Maranhão, updated by IPCA.
2)Acquired in March 2018, for the amount of R$307,876, upon payment of R$267,876 and the remaining updated at IPCA, adjusted by possible losses incurred up to the payment date, with maturities in March 2023 and March 2028.
3)On August 2014, the Company acquired the Vale Florestar S.A. through VFFIP, for the total amount of R$528,941 with a upon payment of R$44,998 and remaining with maturity to August 2029. The monthly settlements are subject to interest and updated by the variation of the U.S. Dollar exchange rate and partially updated by the IPCA.