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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2021
SEGMENT INFORMATION  
Schedule of operating segments

December 31,

2021

Pulp

Paper

Total

Net sales

34,715,208

6,250,223

40,965,431

Domestic market (Brazil)

2,338,810

4,380,585

6,719,395

Foreign market

32,376,398

1,869,638

34,246,036

Asia

15,952,786

43,961

15,996,747

Europe

10,477,292

318,666

10,795,958

North America

5,694,273

424,909

6,119,182

South and Central America

233,061

1,026,247

1,259,308

Africa

18,986

55,855

74,841

EBITDA

22,735,409

2,486,445

25,221,854

Depreciation, depletion and amortization

(7,041,663)

Operating profit before net financial income (“EBIT”) (1)

18,180,191

EBITDA margin (%)

6,549

%

39.78

%

61.57

%

1)EBIT (“Earnings before interest and tax”).

December 31,

2020

    

    

    

    

Pulp

    

Paper

    

Total

Net sales

 

25,578,265

4,882,012

30,460,277

Domestic market (Brazil)

 

1,609,449

3,358,186

4,967,635

Foreign market

 

23,968,816

1,523,826

25,492,642

Asia

 

12,921,081

196,266

13,117,347

Europe

 

6,409,879

262,924

6,672,803

North America

 

4,340,956

263,328

4,604,284

South and Central America

 

184,590

723,603

908,193

Africa

 

112,310

77,705

190,015

EBITDA

13,646,228

1,569,946

15,216,174

Depreciation, depletion and amortization

(6,772,780)

Operating profit before net financial income (“EBIT”) (1)

8,443,394

EBITDA margin (%)

 

53.35%

32.16%

49.95%

1)EBIT (“Earnings before interest and tax”).

December 31,

 

2019

    

    

    

Not

    

 

Pulp

Paper

segmented

Total

 

Net sales

 

21,027,686

4,985,264

26,012,950

Domestic market (Brazil)

 

1,833,936

3,480,279

5,314,215

Foreign market

 

19,193,750

1,504,985

20,698,735

Asia

 

9,605,799

136,882

9,742,681

Europe

 

5,950,832

221,697

6,172,529

North America

 

3,592,563

382,628

3,975,191

South and Central America

 

44,556

710,086

754,642

Africa

 

53,692

53,692

EBITDA

9,074,012

1,518,403

128,115

10,720,530

Depreciation, depletion and amortization

(8,091,952)

Operating profit before net financial income (“EBIT”) (1)

2,628,578

EBITDA margin (%)

 

43.15%

30.46%

41.21%

1)Earnings before interest and tax.

Schedule of net sales by product

    

December 31,

    

December 31,

    

December 31,

Products

2021

2020

2019

Market pulp(1)

34,715,208

25,578,265

21,027,686

Printing and writing paper(2)

5,107,960

3,891,002

4,100,502

Paperboard

1,091,588

935,047

823,360

Other

50,675

55,963

61,402

40,965,431

30,460,277

26,012,950

1)Net sale from fluff pulp represents approximately 0.7% of total net sales and, therefore, was included in market pulp net sales.
2)Net sale from tissue represents approximately 2.2% of total net sales and, therefore, was included in printing and writing paper net sales.
Goodwill based on expected future profitability

    

December 31,

    

December 31,

2021

2020

Pulp

7,897,051

7,897,051

Consumer goods

119,332

119,332

8,016,383

8,016,383