Loans and financing and Obligations to FIDC quota holders (Tables)

12 Months Ended

Dec. 31, 2021

17.1. Composition of loans and financing and obligations to FIDC quota holders


	Average annual interest rate %	Maturity	Current portion	Non-current portion	Balance at 12/31/2021

Obligations to FIDC AR quota holders (17.3.1)	CDI Rate* + 1.50%	Aug/23	1,273,675	932,368	2,206,043
Obligations to FIDC TAPSO quota holders (17.3.2)	CDI Rate* + 1.50%	Mar/22	21,131	—	21,131
Obligations to FIDC quota holders			1,294,806	932,368	2,227,174

Leases (Note 17.3.4)	105.70% to 151.80% of CDI Rate*	Jan/22 to Jun/29	66,531	206,924	273,455
Bonds (Note 17.3.5)	CDI Rate* +3.15%	Jun/28	4,592	2,760,018	2,764,610
Bank borrowings (Note 17.3.6)	CDI +0.75% a.a. to CDI + 1.50% a.a.	Three to eighteen months	2,108,123	589,518	2,697,641
Debentures (Note 17.3.8)	109.00% of CDI Rate*	Jul/22	399,509	—	399,509
Loans and financing			2,578,755	3,556,460	6,135,215


	Average annual interest rate %	Maturity	Current portion	Non-current portion	Balance at 12/31/2020

Obligations to FIDC AR quota holders (Note 17.3.1)	106.00% of CDI Rate* / CDI Rate* +1.50%	Jun/21, Aug/23	1,939,645	2,174,670	4,114,315
Obligations to FIDC TAPSO quota holders (Note 17.3.2)	CDI Rate* +1.15%	Mar/21	20,476	—	20,476
Obligations to FIDC SOMA quota holders (Note 17.3.3)	CDI Rate* +4.0% to7.0%	Dec/23	—	239,759	239,759
Obligations to FIDC quota holders			1,960,121	2,414,429	4,374,550

Leases (Note 17.3.4)	105.7% -151.8% of CDI Rate*	Jan/21 to Jun/29	48,856	126,005	174,861
Bank borrowings (Note 17.3.6)	CDI Rate* + 0.68% to 1.20%	Jan/21 to Mar/21	390,830	—	390,830
Loans with private entities (Note 17.3.7)	109.8% of CDI Rate*	Sep/21	745,051	—	745,051
Debentures (Note 17.3.8)	109.0% of CDI Rate*	Jul/22	—	398,358	398,358
Loans and financing			1,184,737	524,363	1,709,100


*			“CDI Rate” means the Brazilian interbank deposit (Certificado de Depósito Interbancário) rate, which is an average of interbank overnight rates in Brazil, the average rate of 2021 was 4.42% (2020 – 2.76%).

17.2. Changes in loans and financing and obligations to FIDC quota holders


	Balance at 12/31/2020	Additions	Disposals	Payment	Business Combination	Changes in Exchange Rates	Interest	Balance at 12/31/2021

Obligations to FIDC AR quota holders (Note 17.3.1)	4,114,315	—	—	(2,064,720)	—	—	156,448	2,206,043
Obligations to FIDC TAPSO quota holders (Note 17.3.2)	20,476	—	—	(708)	—	—	1,363	21,131
Obligations to FIDC SOMA quota holders (Note 17.3.3)	239,759	584,191	—	(864,747)	—	—	40,797	—
Leases (Note 17.3.4)	174,861	92,802	(14,474)	(83,610)	88,879	62	14,935	273,455
Bonds (Note 17.3.5)	—	2,477,408	—	(55,497)	—	282,580	60,119	2,764,610
Bank borrowings (Note 17.3.6)	390,830	9,222,889	—	(7,294,101)	258,797	—	119,226	2,697,641
Loans with private entities (Note 17.3.7)	745,051	—	—	(770,372)	—	—	25,321	—
Debentures (Note 17.3.8)	398,358	—	—	(17,596)	—	—	18,747	399,509
	6,083,650	12,377,290	(14,474)	(11,151,351)	347,676	282,642	436,956	8,362,389


	Balance at 12/31/2019	Additions	Disposals	Payment	Business Combination	Interest	Balance at 12/31/2020

Obligations to FIDC AR quota holders (Note 17.3.1)	3,690,542	2,476,906	—	(2,169,073)	—	115,940	4,114,315
Obligations to FIDC TAPSO quota holders (Note 17.3.2)	20,352	—	—	(514)	—	638	20,476
Obligations to FIDC SOMA III quota holders (Note 17.3.3)	—	239,232	—	—	—	527	239,759
Leases (Note 17.3.4)	124,758	118,977	(36,919)	(41,373)	1,592	7,826	174,861
Bank borrowings (Note 17.3.6)	1,777,083	3,996,820	—	(5,422,211)	—	39,138	390,830
Loans with private entities (Note 17.3.7)	738,456	—	—	(17,652)	—	24,247	745,051
Debentures (Note 17.3.8)	394,997	—	—	(8,769)	—	12,130	398,358
	6,746,188	6,831,935	(36,919)	(7,659,592)	1,592	200,446	6,083,650