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RELATED-PARTY TRANSACTIONS (Tables) | 12 Months Ended
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Dec. 31, 2020
RELATED-PARTY TRANSACTIONS |
Schedule of intercompany loans |
|  | Maturity |  | 2020 |  | 2019
Assets |  |  |  |  |  |
Joint venture |  |  |  |  |  |
Gerdau Corsa SAPI de C.V. |  | January 1, 2021 |  | 117,092 |  | 73,607
Others |  |  |  |  |  |
Fundação Gerdau |  | December 31, 2022 |  | 17,262 |  | 21,838
|  |  |  | 134,354 |  | 95,445
Liabilities |  |  |  |  |  |
Joint venture |  |  |  |  |  |
Bradley Steel Processors Inc. |  | August 1, 2021 |  | (22,855) |  | -
|  |  |  | (22,855) |  | -
|  | 2020 |  | 2019 |  | 2018
Net financial income |  | 8,277 |  | 4,767 |  | 545
Summary of guarantees granted |
|  |  |  |  |  | Original |  |  |  |  |  |  |  |
Related Party |  | Relationship |  | Object |  | Amount |  | Maturity |  | 2020 |  | 2019 |  | 2018
Gerdau Corsa S.A.P.I. de C.V. |  | Joint-venture |  | Financing Agreements |  | 1,750,249 |  | Oct/22 - Oct/24 |  | 2,242,865 |  | 1,784,868 |  | 1,933,929
Gerdau Summit Aços Fundidos e Forjados S.A. |  | Joint-venture |  | Financing Agreements |  | 130,164 |  | Aug/25 |  | 30,125 |  | 37,285 |  | 41,571
Gerdau Metaldom S.A. e Gerdau Corsa S.A.P.I. de C.V |  | Joint-venture |  | Financing Agreements |  | 274,560 |  | Feb/20 |  | - |  | 241,842 |  | 198,619
Schedule of key management compensation |
|  | 2020 |  | 2019
Available at beginning of the year |  | 6,717,872 |  | 6,375,547
Granted |  | 733,218 |  | 1,083,116
Exercised |  | (937,325) |  | (627,076)
Cancelled |  | (64,112) |  | (38,553)
Others |  | 6,595 |  | (75,163)
Available at the end of the year |  | 6,456,248 |  | 6,717,872

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