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Inventories
 12 Months Ended
Dec. 31, 2019
Text block [abstract]  
Inventories
6. Inventories
The composition of inventories is as follows:
 
   
12/31/2019
   
12/31/2018
 
   
Cost
   
Provision
for losses
  
Net
balance
   
Cost
   
Provision
for losses
  
Net
balance
 
Fuels, lubricants and greases
   1,843,257    (2,073)   1,841,184    1,367,015    (1,804)   1,365,211 
Finished goods
   541,689    (22,048)   519,641    581,504    (20,923)   560,581 
Work in process
   1,971    0   1,971    1,412    —     1,412 
Raw materials
   365,960    (2,552)   363,408    383,161    (1,894)   381,267 
Liquefied petroleum gas (LPG)
   101,715    (5,761)   95,954    109,362    (5,761)   103,601 
Consumable materials and other items for resale
   140,058    (2,587)   137,471    150,188    (3,770)   146,418 
Pharmaceutical, hygiene, and beauty products
   549,191    (2,877)   546,314    583,060    (5,364)   577,696 
Purchase for future delivery
(1)
   183,170    (2,719)   180,451    193,928    (2,964)   190,964 
Properties for resale
   29,273    (107)   29,166    27,489    (107)   27,382 
  
 
 
   
 
 
  
 
 
   
 
 
   
 
 
  
 
 
 
   3,756,284    (40,724)   3,715,560    3,397,119    (42,587)   3,354,532 
  
 
 
   
 
 
  
 
 
   
 
 
   
 
 
  
 
 
 
 
(1)
Refers substantially to ethanol, biodiesel and advance of fuels.
Movements in the provision for losses are as follows:
 
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
(i)
   985 
  
 
 
 
Balance as of December 31, 2018
   42,587 
Reversals to net realizable value adjustment
   (5,174) 
Additions of obsolescence and other losses
   4,296 
Oxiteno Andina
(ii)
   (985) 
  
 
 
 
Balance as of December 31, 2019
   40,724 
  
 
 
 
 
(i)
 
Refers to the impairment for subsidiary Oxiteno Andina.
(ii)
Refers to the asset write-offs of Oxiteno Andina (see Note nº 3.b.3).
The breakdown of provisions for losses related to inventories is shown in the table below:
 
   
12/31/2019
   
12/31/2018
 
Net realizable value adjustment
   15,243    21,402 
Obsolescence and other losses
   25,481    21,185 
  
 
 
   
 
 
 
Total
   40,724    42,587