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Right to Use Assets and Leases payable (Tables)
12 Months Ended
Dec. 31, 2019
Presentation of leases for lessee [abstract]  
Summary of Information About Right of Use Asset
   
Weighted
average useful
life (years)
   
Adoption

IFRS 16
   
Additions

and remeasurement
   
Write-offs
  
Transfer
  
Effect of foreign
currency
exchange rate
variation
   
Amortization
  
Balance on
12/31/2019
 
Cost:
             
Real estate
   7    1,636,330    308,622    (55,605  98,043   80,930    —     2,068,320 
Port area (*)
   —      —      68,007    —     —     —      —     68,007 
Other
   4    95,097    26,235    (1,981  27,847   4,272    —     151,470 
    
 
 
   
 
 
   
 
 
  
 
 
  
 
 
   
 
 
  
 
 
 
     1,731,427    402,864    (57,586  125,890   85,202    —     2,287,797 
    
 
 
   
 
 
   
 
 
  
 
 
  
 
 
   
 
 
  
 
 
 
Accumulated amortization:
             
Real estate
     —      —      6,682   —     36    (262,750  (256,032
Port area
     —      —      —     —     —      —     0 
Other
     —      —      442   (14,068  81    (37,308  (50,853
    
 
 
   
 
 
   
 
 
  
 
 
  
 
 
   
 
 
  
 
 
 
     —      —      7,124   (14,068  117    (300,058  (306,885
    
 
 
   
 
 
   
 
 
  
 
 
  
 
 
   
 
 
  
 
 
 
Net amount
     1,731,427    402,864    (50,462  111,822   85,319    (300,058  1,980,912 
    
 
 
   
 
 
   
 
 
  
 
 
  
 
 
   
 
 
  
 
 
 
 
(*)
Refers to the port concession grants (area port lease), of which
 R$
68,007 was paid by subsidiaries of the Company until the 4
th
quarter of 2019 (see Note 35.c).
Summary of Amortization Expenses in the Financial Statements
The amortization expenses were recognized in the financial statements as shown below:
 
   
2019
   
2018
   
2017
 
Inventories and cost of products and services sold
   48,134    15,044    2,165 
Selling and marketing
   244,974    8,920    11,689 
General and administrative
   6,950    75,370    57,369 
  
 
 
   
 
 
   
 
 
 
   300,058    99,334    71,223 
  
 
 
   
 
 
   
 
 
 
Summary of Changes in Lease Payables
The changes in leases payable are shown below:
 
Balance as of December 31, 2018
   46,066 
Adoption IFRS 16
   1,363,803 
Interest accrued
   128,996 
Payments
   (321,716
Additions and remeasurement
   334,857 
Write-offs
   (52,129
Effect of foreign currency exchange rate variation
   88,796 
  
 
 
 
Balance as of December 31, 2019
   1,588,673 
  
 
 
 
Current
   206,396 
Non-current
   1,382,277 
Summary of Maturities of Lease Payments of Operating Lease
The future disbursements (installments) assumed under leases contracts are presented below:
 
   
12/31/2019
 
Up to 1 year
   309,977 
From 1 to 2 years
   508,976 
From 2 to 3 years
   395,743 
From 3 to 4 years
   316,682 
From 4 to 5 years
   192,017 
More than 5 years
   320,357 
  
 
 
 
Total
   2,043,752 
  
 
 
 
Details About Lease Contracts of Low Amount Assets The future disbursements (installments), assumed under these contracts, amount approximately to:
   
Up to 1
year
   
Between 1

and 5 years
   
More than

5 years
   
Total
 
12/31/2019
   3,474    6,028    0    9,502