Schedule of loans, financing and debentures by type

Current

Non-current

Total

Average

annual

interest rate -

June 30,

December 31,

June 30,

December 31,

June 30,

December 31,

Type

Interest rate

%

2021

2020

2021

2020

2021

2020

In foreign currency

BNDES

UMBNDES

4.74

8,727

2,506

16,946

24,486

25,673

26,992

Bonds

Fixed

5.44

787,364

779,046

35,845,562

37,232,554

36,632,926

38,011,600

Export credits ("export prepayment")

LIBOR/Fixed

1.86

120,315

718,623

18,422,352

19,400,208

18,542,667

20,118,831

Others

855

2,516

855

2,516

917,261

1,502,691

54,284,860

56,657,248

55,202,121

58,159,939

In local currency

BNDES

TJLP

6.90

70,955

276,441

323,252

1,254,222

394,207

1,530,663

BNDES

TLP

10.29

24,379

25,535

512,934

522,367

537,313

547,902

BNDES

Fixed

4.89

27,090

29,115

34,690

47,177

61,780

76,292

BNDES

SELIC

5.35

35,491

98,531

775,354

1,068,959

810,845

1,167,490

CRA (“Agribusiness Receivables Certificates”)

CDI/IPCA

9.66

806,554

32,156

2,345,661

3,025,527

3,152,215

3,057,683

NCE ("Export credit note")

CDI

7.71

19,381

15,184

1,275,687

1,275,045

1,295,068

1,290,229

NCR ("Rural producer certificate")

CDI

9.18

3,637

2,738

273,715

273,578

277,352

276,316

Export credits (“export prepayment”)

Fixed

8.06

23,400

77,570

1,314,199

1,313,661

1,337,599

1,391,231

Debentures

CDI

8.39

10,247

7,590

5,416,574

5,415,061

5,426,821

5,422,651

Others (Working capital and Industrial Development Fund ("FDI") and fair value adjustment on business combination)

Fixed

0.40

(18,323)

(24,165)

3,651

(18,323)

(20,514)

1,002,811

540,695

12,272,066

14,199,248

13,274,877

14,739,943

1,920,072

2,043,386

66,556,926

70,856,496

68,476,998

72,899,882

Interest on financing

923,461

935,010

923,461

935,010

Non-current funding

996,611

1,108,376

66,556,926

70,856,496

67,553,537

71,964,872

1,920,072

2,043,386

66,556,926

70,856,496

68,476,998

72,899,882

Schedule of non-current portion of loans, financing and debentures by maturity


	2022	2023	2024	2025	2026	2027 onwards	Total
In foreign currency
BNDES	6,355	10,591					16,946
Bonds			1,756,863	1,679,444	2,604,910	29,804,345	35,845,562
Export credits (“export prepayment”)	867,773	1,489,794	4,385,577	6,720,666	4,077,429	881,113	18,422,352
	874,128	1,500,385	6,142,440	8,400,110	6,682,339	30,685,458	54,284,860
In local currency
BNDES – TJLP	31,804	65,301	37,310	89,746	84,422	14,669	323,252
BNDES – TLP	9,433	18,866	18,866	17,618	21,161	426,990	512,934
BNDES – Fixed	12,083	18,611	3,996				34,690
BNDES – Selic	16,245	56,987	48,743	175,789	175,834	301,756	775,354
CRA (“Agribusiness Receivables Certificates”)	757,109	1,588,552					2,345,661
NCE (“Export credit note”)				640,800	634,887		1,275,687
NCR (“Rural producer certificate”)				137,500	136,215		273,715
Export credits (“export prepayment”)			1,314,199				1,314,199
Debentures				2,340,550	2,328,363	747,661	5,416,574
	826,674	1,748,317	1,423,114	3,402,003	3,380,882	1,491,076	12,272,066
	1,700,802	3,248,702	7,565,554	11,802,113	10,063,221	32,176,534	66,556,926

Schedule of fundraising costs and premiums of securities

The fundraising costs are amortized based on terms agreements and effective interest rate.


			Balance to be amortized
			June 30,	December 31,
Type	Cost	Amortization	2021	2020
Bonds	390,104	175,219	214,885	238,568
CRA and NCE	125,222	98,232	26,990	32,374
Export credits (“export prepayment”)	174,104	69,510	104,594	56,028
Debentures	24,467	9,941	14,526	16,039
BNDES (“IOF”) ⁽¹⁾	62,658	47,900	14,758	40,611
Others	18,147	16,861	1,286	1,422
	794,702	417,663	377,039	385,042

1)	Tax on Financial Operations