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INVENTORIES
12 Months Ended
Dec. 31, 2021
INVENTORIES  
INVENTORIES

NOTE 6 — INVENTORIES

    

2021

    

2020

Finished products

 

7,209,379

 

3,894,698

Work in progress

 

3,453,948

 

2,045,158

Raw materials

 

3,994,655

 

1,934,958

Storeroom supplies

 

1,061,666

 

786,401

Imports in transit

 

1,145,215

 

514,321

(-) Allowance for adjustments to net realizable value

 

(3,375)

 

(6,119)

 

16,861,488

 

9,169,417

The allowance for adjustment to net realizable value of inventories, on which the provision and write-offs are registered with impact on cost of sales, is as follows:

Balance as of January 1, 2019

 

(13,704)

Provision for the year

 

(46,693)

Reversal of adjustments to net realizable value

 

22,028

Exchange rate variation

 

(939)

Balance as of December 31, 2019

 

(39,308)

Provision for the year

 

(6,562)

Reversal of adjustments to net realizable value

 

47,259

Exchange rate variation

 

(7,508)

Balance as of December 31, 2020

 

(6,119)

Provision for the year

 

(6,331)

Reversal of adjustments to net realizable value

 

9,143

Exchange rate variation

 

(68)

Balance as of December 31, 2021

 

(3,375)