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Inventories

12 Months Ended

Dec. 31, 2018

Text block [abstract]

6.	Inventories

The composition of inventories is as follows:


		12/31/2018												12/31/2017 Restated (i)
		Cost				Provision for losses				Net balance				Cost				Provision for losses				Net balance
Fuels, lubricants and greases			1,367,015				(1,804	)			1,365,211				1,626,582				(3,074	)			1,623,508
Finished goods			581,504				(20,923	)			560,581				500,223				(18,495	)			481,728
Work in process			1,412				—				1,412				1,637				—				1,637
Raw materials			383,161				(1,894	)			381,267				492,029				(1,835	)			490,194
Liquefied petroleum gas (LPG)			109,362				(5,761	)			103,601				102,748				(5,761	)			96,987
Consumable materials and other items for resale			150,188				(3,770	)			146,418				160,024				(5,380	)			154,644
Pharmaceutical, hygiene, and beauty products			583,060				(5,364	)			577,696				417,726				(2,447	)			415,279
Purchase for future delivery ⁽¹⁾			193,928				(2,964	)			190,964				222,808				—				222,808
Properties for resale			27,489				(107	)			27,382				27,032				(107	)			26,925

			3,397,119				(42,587	)			3,354,532				3,550,809				(37,099	)			3,513,710

⁽¹⁾	Refers substantially to ethanol, biodiesel and advance of fuels.

(i)	See Note 2.x.

Movements in the provision for losses are as follows:


Balance as of December 31, 2015			33,992
Additions to net realizable value adjustment			12,393
Additions of obsolescence and other losses			886

Balance as of December 31, 2016			47,271
Reversals to net realizable value adjustment			(6,713	)
Reversals of obsolescence and other losses			(3,459	)

Balance as of December 31, 2017			37,099
Additions to net realizable value adjustment			600
Additions of obsolescence and other losses			3,903
Oxiteno Andina (*)			985

Balance as of December 31, 2018			42,587

(*)	Refers to the impairment for subsidiary Oxiteno Andina (see Note 2.s.1.ii).

The breakdown of provisions for losses related to inventories is shown in the table below:


		12/31/2018				12/31/2017
Net realizable value adjustment			21,402				19,817
Obsolescence and other losses			21,185				17,282

Total			42,587				37,099