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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - BRL (R$)
R$ in Thousands
Share Capital
Share issuance costs
Tax incentives
Stock options granted
Share issuance costs
Other
Treasury shares
Tax incentives
Legal Reserve
Reserve for capital increase
Special statutory reserve
Dividends proposed
Other reserves.
Retained earnings (losses)
Total
Non-controlling interest
Total
Balances, beginning of the year at Dec. 31, 2018 R$ 6,241,753 R$ 0 R$ 684,563 R$ 5,100 R$ (15,442) R$ 0 R$ (218,265) R$ 0 R$ 422,814 R$ 1,730,629 R$ 242,612 R$ 596,534 R$ 2,321,708 R$ 0 R$ 12,012,006 R$ 13,928 R$ 12,025,934
Total comprehensive income                                  
Net income (loss) for the year                           (2,817,518) (2,817,518) 2,776 (2,814,742)
Other comprehensive income for the year                         (47,449)   (47,449)   (47,449)
Transactions with shareholders:                                  
Loss absorption               (684,563) (105,670) (1,730,629) (242,612)     2,763,474      
Share capital increase 3,027,528                           3,027,528   3,027,528
Share issuance costs   (33,735)     15,442                   (18,293)   (18,293)
Stock options granted       879                     879   879
Non-controlling interest arising from business combination                               98,635 98,635
Unclaimed dividends forfeited                           1,126 1,126   1,126
Dividends paid                       (596,534)     (596,534)   (596,534)
Internal changes in equity:                                  
Transfers of tax incentives     (684,563)         684,563                  
Realization of deemed cost, net of taxes                         (52,918) 52,918      
Issue of common shares related to business combination           6,410,885                 6,410,885   6,410,885
Balances, end of the year at Dec. 31, 2019 9,269,281 (33,735) 0 5,979 0 6,410,885 (218,265) 0 317,144 0 0 0 2,221,341 0 17,972,630 115,339 18,087,969
Total comprehensive income                                  
Net income (loss) for the year                           (10,724,828) (10,724,828) 9,893 (10,714,935)
Other comprehensive income for the year                         (20,743)   (20,743)   (20,743)
Transactions with shareholders:                                  
Loss absorption           (6,410,885)     (317,144)         6,728,029      
Stock options granted       4,633                     4,633   4,633
Realization of fair value attributable to non-controlling interest                               (19,676) (19,676)
Unclaimed dividends forfeited                           130 130   130
Internal changes in equity:                                  
Realization of deemed cost, net of taxes                         (70,654) 70,654      
Balances, end of the year at Dec. 31, 2020 9,269,281 (33,735) 0 10,612 0 0 (218,265) 0 0 0 0 0 2,129,944 (3,926,015) 7,231,822 105,556 7,337,378
Total comprehensive income                                  
Net income (loss) for the year                           8,626,386 8,626,386 9,146 8,635,532
Other comprehensive income for the year                         125,478   125,478   125,478
Transactions with shareholders:                                  
Stock options granted       4,843                     4,843   4,843
Unclaimed dividends forfeited                     49       49   49
Fair value attributable to non-controlling interests                               (15,039) (15,039)
Internal changes in equity:                                  
Constitution of reserves               812,909 235,019 2,513,663 279,295     (3,840,886)      
Proposed minimum mandatory dividends                           (913,111) (913,111)   (913,111)
Additional proposed dividend                       86,889   (86,889)     86,889
Realization of deemed cost, net of taxes                         (140,515) 140,515     140,515
Balances, end of the year at Dec. 31, 2021 R$ 9,269,281 R$ (33,735) R$ 0 R$ 15,455 R$ 0 R$ 0 R$ (218,265) R$ 812,909 R$ 235,019 R$ 2,513,663 R$ 279,344 R$ 86,889 R$ 2,114,907 R$ 0 R$ 15,075,467 R$ 99,663 R$ 15,175,130