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INVENTORIES (Tables)

6 Months Ended

Jun. 30, 2021

INVENTORIES

Schedule of inventories

​

​	​	​	​	​
​	​	June 30,	​	December 31,
​		2021		2020
Finished goods	​	​	​	​
Pulp	​	​	​	​
Domestic (Brazil)	​	659,142	​	553,229
Foreign	​	1,227,823	​	1,102,994
Paper	​	​	​	​
Domestic (Brazil)	​	369,397	​	225,058
Foreign	​	96,464	​	87,638
Work in process	​	95,674	​	81,465
Raw material	​	1,373,217	​	1,450,507
Spare parts and other	​	583,148	​	508,444
​	​	4,404,865	​	4,009,335

Schedule of changes in expected losses

​

​	​	​	​	​
​	​	June 30,	​	December 31,
​		2021		2020
Beginning balance	​	(79,885)	​	(106,713)
Addition (1)	​	(16,020)	​	(77,173)
Reversal	​	5,353	​	11,498
Write-off (2)	​	35,563	​	92,503
Ending balance	​	(54,989)	​	(79,885)

​

1) Refers substantially to the raw material in the amount of R$11,230 (R$56,305 as of December 31, 2020).

2) Refers mainly to the amounts of (i) finished pulp product of R$1,083 (R$32,018 as of December 31, 2020) and (ii) raw material of R$33,231 (R$49,550 as of December 31, 2020).

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Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

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