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INVENTORIES
6 Months Ended
Jun. 30, 2023
INVENTORIES  
INVENTORIES

8.INVENTORIES

June 30,

December 31,

    

2023

    

2022

Finished goods

Pulp

Domestic (Brazil)

501,037

616,415

Foreign

1,711,100

1,426,064

Paper

Domestic (Brazil)

535,026

358,973

Foreign

245,267

192,671

Work in process

119,644

93,964

Raw materials

Wood

1,586,058

1,480,616

Operating supplies and packaging

745,413

716,089

Spare parts and other

978,951

843,469

6,422,496

5,728,261

Inventories are disclosed net of estimated losses.

8.1.Roll-forward of estimated losses

June 30,

December 31,

    

2023

    

2022

Opening balance

(105,989)

(91,258)

Additions

(23,859)

(89,552)

Reversals

24,713

33,492

Write-offs

17,893

41,329

Closing balance

(87,242)

(105,989)

On June 30, 2023 and December 31, 2022, there were no inventory items pledged as collateral.