Schedule of loans, financing and debentures by type

Average

Current

Non-current

Total

annual

interest rate -

December 31,

Type

Interest rate

%

2021

2020

2021

2020

2021

2020

In foreign currency

BNDES

UMBNDES

4.81

14,399

2,506

11,952

24,486

26,351

26,992

Bonds

Fixed

4.99

972,053

779,046

46,253,007

37,232,554

47,225,060

38,011,600

Export credits ("export prepayment")

LIBOR/Fixed

2.36

818,896

718,623

17,916,691

19,400,208

18,735,587

20,118,831

Others

782

2,516

782

2,516

1,806,130

1,502,691

64,181,650

56,657,248

65,987,780

58,159,939

In local currency

BNDES

TJLP

7.63

67,499

276,441

312,077

1,254,222

379,576

1,530,663

BNDES

TLP

9.68

32,854

25,535

703,502

522,367

736,356

547,902

BNDES

Fixed

4.79

24,672

29,115

22,611

47,177

47,283

76,292

BNDES

SELIC

5.52

35,086

98,531

782,685

1,068,959

817,771

1,167,490

CRA (“Agribusiness Receivables Certificates”)

CDI/IPCA

11.28

1,561,639

32,156

1,687,560

3,025,527

3,249,199

3,057,683

NCE ("Export credit note")

CDI

10.15

39,535

15,184

1,276,330

1,275,045

1,315,865

1,290,229

NCR ("Rural producer certificate")

CDI

10.57

7,335

2,738

273,852

273,578

281,187

276,316

Export credits ("export prepayment")

Fixed

8.06

77,694

77,570

1,314,737

1,313,661

1,392,431

1,391,231

Debentures

CDI

10.71

21,980

7,590

5,418,088

5,415,061

5,440,068

5,422,651

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

(18,887)

(24,165)

3,651

(18,887)

(20,514)

1,849,407

540,695

11,791,442

14,199,248

13,640,849

14,739,943

3,655,537

2,043,386

75,973,092

70,856,496

79,628,629

72,899,882

Interest on financing

1,204,490

935,010

1,204,490

935,010

Non-current funding

2,451,047

1,108,376

75,973,092

70,856,496

78,424,139

71,964,872

3,655,537

2,043,386

75,973,092

70,856,496

79,628,629

72,899,882

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

2023

2024

2025

2026

2027

2028 onwards

Total

In foreign currency

BNDES

11,952

Bonds

1,876,648

2,904,133

3,859,970

37,612,256

46,253,007

Export credits ("export prepayment")

2,103,437

6,113,748

5,388,749

4,310,757

17,916,691

11,952

2,103,437

7,990,396

8,292,882

8,170,727

37,612,256

64,181,650

In local currency

BNDES – TJLP

67,880

47,624

97,483

84,422

6,995

7,673

312,077

BNDES – TLP

18,866

17,618

23,245

91,995

532,912

703,502

BNDES – Fixed

18,610

4,001

22,611

BNDES – Selic

58,779

50,281

181,221

181,266

23,352

287,786

782,685

CRA (“Agribusiness Receivables Certificates”)

1,687,560

NCE ("Export credit note")

640,800

635,530

1,276,330

NCR ("Rural producer certificate")

137,500

136,352

273,852

Export credits (“export prepayment”)

1,314,737

Debentures

2,340,550

2,329,715

747,823

5,418,088

1,851,695

1,435,509

3,415,172

3,390,530

122,342

1,576,194

11,791,442

1,863,647

3,538,946

11,405,568

11,683,412

8,293,069

39,188,450

75,973,092

Schedule of fundraising costs and premiums of securities


			Balance to be amortized
			December 31,	December 31,
Type	Cost	Amortization	2021	2020
Bonds	434,970	173,964	261,006	238,568
CRA and NCE	125,222	103,616	21,606	32,374
Export credits ("export prepayment")	191,710	80,893	110,817	56,028
Debentures	24,467	11,455	13,012	16,039
BNDES (“IOF”)⁽¹⁾	62,658	49,185	13,473	40,611
Others	18,147	16,999	1,148	1,422
	857,174	436,112	421,062	385,042

1)	Tax on Financial Operations